Deep Tide TechFlow News: On June 11, according to The New York Times, a 19-year-old Canadian youth, Trenton Johnston, pleaded guilty in a U.S. federal court to conspiracy to commit money laundering. Court documents show that, over roughly two years, he stole about $13 million through cryptocurrency scams and used the funds for expenses such as nightclub outings, jewelry, luxury cars, and private jet travel.



The report says that Trenton Johnston impersonated representatives of Google and cryptocurrency companies to obtain access to potential victims’ accounts; he then concealed the illegal proceeds with help from friends and accomplices, and some of the accomplices also took part in other scams.
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