Russian Citizen Arrested In Argentina For Multi-Million Dollar Money Laundering Scheme

According to PANews, TRM Labs has assisted Argentine law enforcement in the arrest of a Russian citizen involved in a multi-million dollar money laundering operation. The 29-year-old suspect allegedly received cryptocurrency proceeds from illegal activities, including those linked to the hacker group Lazarus Group. The individual also used Telegram bots to exchange rubles, USDT, euros, and dollars into Argentine pesos. During the arrest, police seized over $120,000 worth of cryptocurrency and an additional $15 million from properties controlled by the suspect.