According to an March 23 court filing, Ounce Yosef was indicted by the US authorities on expenses involving conspiracy to carry out standard bank fraud, bank fraud, associated with conspiracy to run an unregistered money transmitting service.

The US Lawyers for the Southern District of New York indicted Oz Yosef, an executive at  Crypto Capital, on three unlawful counts.

Its filing seems to acknowledge allegations from digital asset market place Bitfinex, which recently discharged a statement in which it advertised that it was a victim linked fraudulent activities, allegedly completed by Crypto Capital, the exchange’s former payments processor.

Not to mention April 25 2019, the ultra-modern York Attorney General’s (NYAG) office issued a statement via it claimed that Bitfinex lost $850 million that tried to cover the limitation by borrowing funds at the hands of sister company Tether Limited.

However, Bitfinex’s management relates that Crypto Capital give the company’s money across a variety of financial institutions in different countries, including made it quite difficult to access the most important funds.

Bitfinex’s support yanks noted that the Panama-headquartered premiums processing firm  handled investments for and on behalf within the exchange for several years. Moreover, Bitfinex says it was depending upon it’s actually representations, including those by Yosef, which were allegedly mistaken.

The exchange confessed:

“Among those people people misrepresentations, Crypto Capital typically referred to its integrity, deposit expertise, robust compliance software and financial licences. It is designed to assure us the Crypto Capital was capable of handling Bitfinex’s transactions. ”

Bitfinex’s management boasted previously said that any implication that Crypto Capital was  laundering money upon each exchange’s request or his / her clients is “categorically unrealistic. ”

Ivan Manuel Molina Lee, president at Crypto Capital, was taken onto police custody by Poland’s authorities on October 23, after he was suspected associated with laundering illicit funds and thus being part of a major external drug cartel.

Lee had been detained on a American Arrest Warrant that was set by the prosecutor’s office operating in Wrocław. Lee’s arrest may seem like linked to $350 million that had been confiscated earlier by Poland’s Ministry of Justice.

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