Man Serving 111-Month Sentence Charged With Transferring $290,000 in Seized Crypto on July 8

According to the U.S. Attorney's Office for the Eastern District of Kentucky, Rossen G. Iossifov, 53, appeared July 8 on charges of transferring approximately $290,000 in cryptocurrency that had been seized and forfeited to the U.S. government. Iossifov, already serving a 111-month prison sentence, allegedly coordinated the unauthorized withdrawal and transfer through multiple cryptocurrency exchanges, mixing services, and a foreign bank from January through December 2024, after a federal court ordered the Kraken-held assets surrendered.
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