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US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds

Federal officials alleged that John Khuu sold fake drugs for cryptocurrency, making over $5 million in the process.

John Khuu is accused of laundering millions in drug money using bitcoin. (Towfiqu barbhuiya/Unsplash)
John Khuu is accused of laundering millions in drug money using bitcoin. (Towfiqu barbhuiya/Unsplash)
US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds