New York Resident Sentenced to 51 Months for $1M Bitcoin Laundering
A federal court in the Western District of New York has sentenced Timothy Wadsworth, age 35, to 51 months in prison for his role in a sophisticated financial fraud and money laundering operation involving Bitcoin (BTC). According to the U.S. Attorney’s Office, the scheme leveraged unauthorized credit card accounts and pandemic-era relief funds to funnel over $1 million through digital asset...