US DOJ says two Estonians were arrested for a $575M cryptocurrency fraud and money laundering scheme that allegedly defrauded hundreds of thousands of investors (Cheyenne Ligon/CoinDesk)

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Cheyenne Ligon / CoinDesk:
US DOJ says two Estonians were arrested for a $575M cryptocurrency fraud and money laundering scheme that allegedly defrauded hundreds of thousands of investors  —  According to the Department of Justice, the two men used shell companies to launder the proceeds of their fraudulent schemes and buy luxury cars and real estate in Estonia.

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