A communications provider is in legal trouble with the U.S. authorities for a money laundering case involving cryptocurrencies. A federal court incited Sky Global for allegedly having facilitated criminal organizations to launder millions worth in crypto.
Sky Global Is Also Accused of Remotely Destroying Devices to Avoid Seizing
Per the filings, the Southern District of California stated that the Canadian-based company had been selling encryption devices to allegedly facilitate drug trafficking into Australia, Asia, Europe, and North America.
The court believes Sky Global committed obstruction of justice by â€œcreating, maintaining, and controllingâ€ a system whereby the firm would remotely delete evidence of the illegal activities once authorities arrived to seize the equipment.
Moreover, law enforcement accused the Canada-based telecom provider of using its infrastructure for the following purpose:
Sky Global allegedly charged their clients a subscription fee of approximately $1,200 â€“ $1,200 per six-month period.
Also, authorities commented that the firm used bitcoin (BTC) â€œto facilitate illegal transactionsâ€ on the customersâ€™ website â€œto protect the membershipâ€™s anonymity, and to facilitate the laundering of the membershipâ€™s ill-gotten gains.â€
US Govt Vilifies Anyone Who Is Against â€˜Unwarranted Surveillanceâ€™, Says CEO
In response to the indictment, Jean-FranÃ§ois Eap, CEO of Sky Global, rejected the accusations from the U.S. authorities, and issued the following statement:
Eap added that Sky Global â€œwas not created to prevent the police from monitoring criminal organizations; it exists to prevent anyone from monitoring and spying on the global community.â€
â€œThe indictment against me personally in the United States is an example of the police, and the government trying to vilify anyone who takes a stance against unwarranted surveillance,â€ he said.
What do you think about the indictment against Sky Global? Let us know in the comments section below.
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