New York Man Charged With Trafficking Credit Card Info, Using Bitcoin To Launder Proceeds

A New York City man has been indicted for allegedly stealing and promoting reams of fee card information, the proceeds of which he laundered in bitcoin.

Vitalii Antonenko, 28, was charged within the U.S District Court for the District of Massachusetts on Tuesday with conspiracy to have interaction in pc hacking, fee card trafficking and cash laundering, in response to a federal indictment.

Law enforcement discovered a whole bunch of 1000’s of stolen fee playing cards on Vitalii Antonenko’s computer systems after arresting the Ukraine native at Kennedy International Airport in March 2019. They charged Antonenko with cash laundering on the time.

In the Tuesday indictment, prosecutors outlined a multi-pronged money-laundering scheme that turned proceeds of stolen and offered bank card information – together with information from an unnamed Massachusetts hospitality enterprise – for tens of 1000’s of {dollars}.

Working with two conspirators from 2014 to 2019, Antonenko allegedly obtained not less than 114 bitcoin from one, despatched about as a lot bitcoin to the opposite, after which obtained practically $40,000 in money financial institution deposits 10% under market price, the indictment stated.

Law enforcement officers say an spy purchased a sufferer’s stolen card information from the primary conspirator in November 2019. It additional alleged the conspirator despatched Antonenko 4.38 bitcoin the identical day they mentioned hospitality card information Antonenko nonetheless had on the market.

Antonenko additionally hacked a “non-profit scientific research institution” in Massachusetts, in response to the indictment. The indictment doesn’t identify both sufferer.

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New York Man Charged With Trafficking Credit Card Info, Using Bitcoin To Launder Proceeds

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