The FBI has charged 6 individuals with allegedly operating an illegal remittance business of approximately $30 million using cryptocurrency

ChainCatcher news, according to court documents submitted to the Southern District Court of New York, the Federal Bureau of Investigation (FBI) has charged six individuals with operating an illegal $30 million remittance business using cryptocurrency.

The six individuals are Shaileshkumar Goyani, Brijeshkumar Patel, Hirenkumar Patel, Naineshkumar Patel, Nileshkumar Patel, and Raju Patel. According to the submitted documents, they did not have the proper remittance licenses in New York. According to the details disclosed in the FBI agent's arrest warrant, from July 2021 to September 2023, they conducted illegal operations by exchanging Bitcoin or other cryptocurrencies for cash using the dark web.