US charges prisoner over alleged laundering of seized Kraken crypto

60-second summary

US prosecutors are charging Rossen Iossifov over the alleged laundering of $290,000 in forfeited crypto from a Kraken account. The charges stem from Iossifov's time as an inmate, where he allegedly used a contraband phone to access the account and transfer the funds. This case highlights ongoing efforts to combat cryptocurrency-related crimes within US prisons.