Man faces 20 years in jail for laundering $94 million in BTC

by in Cryptocurrency News

Vitalii Antonenko Bitcoin fraud

Vitalii Antonenko, a New Yorker, faces 20 years in prison and a large fine for a number of crimes using bitcoin. This was reported on the website of the US Attorney's Office.

Antonenko is accused of a series of cybercrimes with the aim of stealing information about bank cards. According to investigators, he sold the stolen data along with his accomplices on the darknet. Earned money, allegedly, laundered using Bitcoin.

He was detained last year at John F. Kennedy International Airport immediately after arriving from Ukraine. Undercover agents were able to associate Antonenko with two bitcoin wallets through which 94 million passed. At the time of the arrest, there were more than $140,000 in BTC on both wallets.

Related: Ukraine: hackers stole cryptocurrency with phishing software

This week, Boston prosecutors have filed charges according to which Antonenko could be sentenced to 20 years in prison and fined up to $500,000.

Last year, Antonenko’s lawyers requested a psychiatric examination for their client. According to them, the young man had communication problems. They also suggested that their client secretly works for the CIA.