Published by
Benzinga
Benzinga
The owner of a cryptocurrency-cash exchange company, Charles James Randol, has admitted to aiding in money laundering activities, according to the United States Department of Justice (DOJ). This admission came on Monday, as Randol acknowledged his role in enabling scammers and drug traffickers to launder millions of dollars through his enterprise. What Happened: Randol, a 33-year-old entrepreneur, is the owner of Digital Coin Strategies LLC, a virtual currency money services business. On Monday, Randol pleaded guilty to a single-count charge of failing to maintain an effective Anti-Money Laund…