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📰 【Grandson of Gangster Boss John Gotti Sentenced for Using COVID Relief Funds to Buy Cryptocurrency】
The grandson of Gambino crime family boss John Gotti admits to wire fraud, transferring $420k in stolen pandemic relief funds into cryptocurrency.
$BTC Another classic case, using taxpayers' money to recharge one's faith.
Such low-level operations can't even evade on-chain tracking, and the FBI catches people faster than CEX freezing accounts. Traditional dirty money entering the crypto world is like wearing prison uniforms while shopping for luxury goods—every step is under surveillance cameras, running naked.
Real old money has long been arranged through OTC and structured products; only rookies use government relief funds to trade on exchanges.
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