A Russian citizen was arrested in Argentina on suspicion of cryptocurrency money laundering

ChainCatcher news, according to DL News, TRM Labs has disclosed that it assisted Argentine law enforcement in the arrest of a Russian citizen.

It is reported that this individual is involved in a multi-million dollar money laundering operation. The 29-year-old suspect accepted cryptocurrency benefits from illegal actors, including the hacker group Lazarus Group. Additionally, the suspect used a Telegram bot to exchange rubles, USDT, euros, and dollars for Argentine pesos. During the arrest, police seized over $120,000 worth of cryptocurrency and an additional $15 million from properties controlled by the suspect.