Iris Ramaya Au, a 35-year-old Irvine resident and former girlfriend of a self-proclaimed cryptocurrency fraudster known as “The Godfather,” has agreed to plead guilty to a federal tax charge for failing to report more than $2.6 million in illicit income tied to her ex-boyfriend’s criminal activities. Au faces a single felony count of subscribing to […]
The 2025 crypto crime report by Chainalysis has highlighted a rise in the sophistication of criminal activities. The firm estimated illicit crypto transactions in 2024 to be $40.9 billion, down from $46.1 billion in 2023. However, this figure is projected to exceed $51 billion as more illegal addresses are identified. Shift to Stablecoins and Ransomware […]