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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 …
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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 …

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decrypt.co broke the news in New York, United States on Saturday, July 19, 2025.
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