Law Enforcement Investigate Crypto-Linked Disappearance of California Octogenarian
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4 Articles
Cryptocurrencies have become one of the main means of organized crime for money laundering. The U.S. Drug Enforcement Administration (DEA) has alerted Mexican cartels to the use of this technology in various reports since, at least, 2017. According to the company Chainalysis, in 2023 Mexico ranked 16th worldwide and the third in Latin America in possession and marketing of cryptocurrencies. Despite this, consulted specialists point out that the …
Law enforcement investigate crypto-linked disappearance of California octogenarian
The post Law enforcement investigate crypto-linked disappearance of California octogenarian appeared on BitcoinEthereumNews.com. Sheriffs in California have launched investigations into the disappearance of a 74-year-old man. According to reports, the man, Naipang Hou, disappeared in May after leaving his California home without his phone, and authorities believe the disappearance is linked to his family’s crypto fortune. According to local law …
California Sheriffs Believe 74-Year-Old's Disappearance Linked to Son's Crypto Fortune - WorldNL Magazine
In brief A 74-year-old man disappeared in May after leaving home without his phone. Authorities believe the disappearance is linked to the man's family's crypto fortune. They've found evidence of fraudulent activity and impersonation of him to communicate with family members. The man's son, a hedge fund executive, believes someone stole his father's identity and drained over $1 million from his accounts. Naiping Hou, 74, left home on a Monday wi…
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