US Charges Jailed Fraudster Over $290K Crypto Laundering Plot

From BeInCrypto

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BeInCrypto • July 10, 2026 at 05:00 • News
US prosecutors have charged Bulgarian national Rossen Iossifov with conspiring to launder roughly $290,000 in cryptocurrency that federal authorities seized and ordered forfeited after his earlier fraud conviction. Iossifov allegedly conspired to move the funds in January 2024 while serving a federal prison sentence. He remains presumed innocent, and an indictment represents only an allegation.
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