According to Odaily Planet Daily, the US Department of Justice announced that a La Puente, California resident has been sentenced to 51 months in prison and ordered to pay $26.9 million in restitution for his role in a global cryptocurrency scam that laundered $37 million. He and his accomplices used the Bahamas-based company Axis Digital to receive funds, transferring them to Delta Bank accounts, converting them into USDT, and transferring them to the scam wallets. This case is part of the Department of Justice's ongoing crackdown on transnational "pig-killing" cryptocurrency scams and money laundering networks. (Decrypt)