A court in Costa Rica has sentenced two men to 12 years in prison each for money laundering, according to CriptoNoticias. The case is tied to the 2018 kidnapping and killing of U.S. businessman William Sean Creighton Copco. His family paid about 148 BTC in ransom at the time, worth roughly $1 million. The court found that the two defendants received part of that ransom and deposited the funds into wallets under their control in an effort to conceal the origin of the assets. The ruling links the laundering charge directly to the handling of part of the Bitcoin ransom connected to the case.
A court in Costa Rica sentenced two men to 12 years in prison each for money laundering, according to CriptoNoticias.
The case is connected to the 2018 kidnapping and killing of U.S. businessman William Sean Creighton Copco. His family paid about 148 BTC in ransom at the time, worth roughly $1 million.
The court found that the two defendants received part of the ransom and deposited the funds into wallets they controlled to conceal the origin of the assets.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.