1 sat \ 0 replies \ @broadmode OP 29 Apr 2023 \ on: Brother gets caught by FBI/IRS after spending Bitcoin subject to forfeiture. bitcoin
"Knowing that the government was seeking to recover the #bitcoin stored on the seized device for forfeiture in Larry Harmon’s criminal case, Gary Harmon used his brother’s credentials to recreate the bitcoin wallets stored on the device and covertly transfer more than 712 bitcoin, valued at approximately $4.8 million at the time, to his own wallets – stealing those funds and obstructing the pending criminal forfeiture proceeding. Gary Harmon further laundered the proceeds through two online bitcoin mixer services before using the laundered bitcoins to finance large purchases and other expenditures."