https:\/\/www.justice.gov\/OCDETF<\/a>. <\/p>\nThe cases were investigated by the U.S. Secret Service, U.S. Postal Inspection Service, and Homeland Security Investigations, San Francisco, and were prosecuted by Assistant U.S. Attorneys D. Ryan Locker and Nathaniel C. Kummerfeld for the Eastern District of Texas, and Assistant U.S. Attorney Charles Bisesto for the Northern District of California.<\/p>\n","protected":false},"excerpt":{"rendered":"
TYLER \u2013 A California man has been sentenced to federal prison for his role in a cryptocurrency money laundering conspiracy in the Eastern District of Texas, announced Acting U.S. Attorney Abe McGlothin, Jr. John Khuu, 29, of San Francisco, California, pleaded guilty to conspiracy to commit money laundering and conspiracy to operate an unlicensed money … Continue reading California man sentenced for cryptocurrency money laundering<\/span><\/a><\/p>\n","protected":false},"author":65,"featured_media":1397004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/ktbb.com\/post\/wp-content\/media\/2021\/04\/Jail-150x150.png","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-1396995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-06-09 15:11:02","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"fifu_image_url":"https:\/\/ktbb.com\/post\/wp-content\/media\/2021\/04\/Jail-150x150.png","_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1396995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1396995"}],"version-history":[{"count":2,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1396995\/revisions"}],"predecessor-version":[{"id":1397003,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1396995\/revisions\/1397003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/media\/1397004"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1396995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1396995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1396995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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A California man has been sentenced to federal prison for his role in a cryptocurrency money laundering conspiracy in the Eastern District of Texas, announced Acting U.S. Attorney Abe McGlothin, Jr. John Khuu, 29, of San Francisco, California, pleaded guilty to conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business, and was sentenced to 87 months in federal prison by U.S. District Judge J. Campbell Barker on March 12, 2025. According to information presented in court, Khuu conspired with others to launder the proceeds of his drug trafficking organization through cryptocurrency.\u00a0 Khuu illegally imported counterfeit pharmaceutical and MDMA (\u201cecstasy\u201d) pills from Germany then distributed them to customers across the United States, primarily on dark web markets (DWMs).\u00a0 Customers paid for their purchases by transferring cryptocurrency, usually Bitcoin (BTC), from their DWM customer accounts to one of Khuu\u2019s vendor accounts.\u00a0 Khuu and his co-conspirators traded the BTC for U.S. currency and laundered and transmitted the proceeds through hundreds of transactions and dozens of financial accounts.<\/p>\n