Could this be true? Russian man accused of laundering £3bn bitcoin?

Photo taken from sky news story page

Best thing to do here is provide a link to the sky news story...

Russian Alexander Vinnik accused of laundering £3bn in Bitcoin - Sky News
https://apple.news/ACktX86byTbiV5tX3ec3qrw

Wonder if there is any truth in it? I was most certainly surprised to read it a short while ago!!!

I understood the the security of bitcoin and cryptocurrency to be really top notch, so would be most interested to see what others thoughts are on this, especially those genned up on the crypto side of things. I keep toying with getting some as a future investment, but quite worrying as things like this can surely de-value the coin?

Seems like if he is found guilty he will spend a long time behind bars and won't be able to cash in on any of it, but what happens to the money he laundered through crypto? Would he be able to access it or sell it off? I am slightly confused as I said before about thinking it was really secure....he could hide it and no-one know what he has and what he hasn't got.....oh dear!!!

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