Close Menu
  • Home
  • News
    • Bitcoin
    • Crypto
    • Regulation
    • Blockchain
  • Press Release
  • Contact Us
What's Hot

BiggerZ Crypto Casino Launches 100% RTP Originals With 0% House Edge

October 13, 2026

Bitcoin Up or Down in 5 Minutes? 1win Markets Launches Crypto Live

September 24, 2026

BC.GAME’s BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates

September 23, 2026
Facebook X (Twitter)
Trending
  • BiggerZ Crypto Casino Launches 100% RTP Originals With 0% House Edge
  • Bitcoin Up or Down in 5 Minutes? 1win Markets Launches Crypto Live
  • BC.GAME’s BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates
  • 1win Adds Provably Fair Technology to Its Crypto Games
  • 1win Expands Crypto Offering With USDC on Solana and New Ecosystem Developments
  • Crypto Genesys Goes Live on 1win in Limited Platform Release
  • BiggerZ: Building a Fairness-First Crypto Casino, Sportsbook and Prediction Markets Platform
  • Crypto Player Takes Home $1.749M After a Million PSG Bet on 1win
Facebook X (Twitter)
Koinreport
  • Home
  • News
    • Bitcoin
    • Crypto
    • Regulation
    • Blockchain
  • Press Release
  • Contact Us
Koinreport
Home » $54 Million Crypto laundering scheme tied to Oracle Employee
News

$54 Million Crypto laundering scheme tied to Oracle Employee

By LoraNovember 8, 2023
"$54 Million Crypto laundering scheme tied to Oracle Employee"
Share
Facebook Twitter LinkedIn Pinterest Email

Oracle employee Brian Krewson, known as “Mr. Poto” in his after-hours party entertainer role, is currently under the scrutiny of investigators for his alleged involvement in a massive $54 million cryptocurrency money laundering scheme. Although no official criminal charges have been filed against him, Krewson has found himself at the center of a contentious investigation.

The allegations surrounding Krewson revolve around his purported role in storing and laundering a substantial amount of cryptocurrency on behalf of his associates, Christopher Castelluzzo and Luke Atwell. Notably, both Castelluzzo and Atwell were convicted of cocaine trafficking in 2016, resulting in prison sentences of 21 and 19 years, respectively.

The investigation suggests that Krewson’s involvement in this cryptocurrency operation goes beyond a mere association, as he is alleged to have played a pivotal role in concealing and transferring these illicit funds.

Prior to their incarceration, Atwell and Castelluzzo operated a highly profitable narcotics trafficking business, with monthly cocaine sales reportedly reaching between $2.5 million and $3 million.

In a significant development, authorities have managed to seize over $50 million in cryptocurrency as part of this investigation. It was revealed that Atwell had sought to obscure the proceeds from dark web drug sales, particularly on the Blue Sky market. A portion of these funds was used to acquire a substantial amount of ether, approximately 30,000 tokens, which were initially valued at just $9,000 but have now skyrocketed in value to over $54 million.

The unfolding details of this case highlight the intricate web of cryptocurrency’s involvement in illicit activities and the challenges faced by authorities in tracing and seizing such digital assets.

Crypto
Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

Related Posts

BiggerZ Crypto Casino Launches 100% RTP Originals With 0% House Edge

October 13, 2026

Bitcoin Up or Down in 5 Minutes? 1win Markets Launches Crypto Live

September 24, 2026

BC.GAME’s BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates

September 23, 2026
Don't Miss
Press Release

BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries

By MarkAugust 31, 2022

Singapore, Singapore, 31st August, 2022, ChainwireBingX, the leading social trading exchange, announces the charitable arm…

Binance’s synergy with Royal Thai Police leads to $277M scam takedown

October 3, 2023

Renowned 3D NFT Artist Gal Yosef Announces Meta Eagle Club Collection Backed By Eden Gallery

January 28, 2022

BlackRock’s IBIT Purchases 6,470 BTC, Boosting Bitcoin Holdings

January 22, 2025
About Us

Koinreport is your go to source for all the latest happenings in the Web3 industry from across the world.

Facebook X (Twitter)
Latest

BiggerZ Crypto Casino Launches 100% RTP Originals With 0% House Edge

October 13, 2026

Bitcoin Up or Down in 5 Minutes? 1win Markets Launches Crypto Live

September 24, 2026

BC.GAME’s BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates

September 23, 2026
Press Release

Bybit Launches AI Skills: Powering AI Agents for Crypto Trading With Zero Setup, 253 API Endpoints and Growing

March 13, 2026

Bybit Pay Joins the Mastercard Crypto Credential Network, Simplifying Verifiable Crypto Transfers

March 12, 2026

Bybit Unveils 2025 Security Milestone: Intercepts $300M in Impersonalization, Scams and Frauds via New AI-Driven Risk Framework

February 27, 2026
© 2026 Koinreport.
  • Home
  • News
  • Press Release
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.