The FBI accused a man of converting $1.7 million in fraud proceeds into Bitcoin.

Odaily News The Federal Bureau of Investigation (FBI) has accused New York man Tushal Rathod of defrauding $1.7 million through forged checks and business emails, and converting most of the illegal proceeds into Bitcoin. The alleged criminal activities took place between November 2021 and June 2024. If convicted, Rathod faces 20 years in prison. (Decrypt)

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