Tag Archives: Launder

Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds

With well over 200 million users across the globe, few video games have as large a following as Fortnite. The freemium game is so popular that its developer, Epic Games, banked $3 billion in 2018. However, according to a report on the Independent, Epic Games isn’t the only entity getting rich off Fortnite. V-Bucks, the game’s official in-game currency, are increasingly being used as a tool for money laundering on the dark web. Continue reading Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds

Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds

According to a Cluj, Romania-based newspaper, the case of bitcoin exchange executive Vlad Nistor is much deeper than the simple illegal operation of a cryptocurrency firm. Their most recent report on the case speaks to some much more serious allegations as to the behavior of Vlad Nistor. Continue reading Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds