The Justice Department is investigating Oracle (NYSE:ORCL) employee and party host Brian Krewson for his possible role in a $54 million cryptocurrency storage and laundering scam. The scheme is allegedly linked to convicted cocaine traffickers Luke Atwell and Christopher Castelluzzo, who are serving 21 and 19 years, respectively, in prison. In the past, the two …
The Justice Department is investigating Oracle (NYSE:ORCL) employee and party host Brian Krewson for his possible role in a $54 million cryptocurrency storage and laundering scam. The scheme is allegedly linked to convicted cocaine traffickers Luke Atwell and Christopher Castelluzzo, who are serving 21 and 19 years, respectively, in prison. In the past, the two allegedly managed a drug company that sold up to $3 million worth of cocaine each month. According to the Justice Department, the cryptocurrency was created by the sale of drugs on the Blue Sky market, including 30,000 ether, which is currently worth over $54 million. Known for his “Breaking Bad” Walter White imitation, Krewson worked as a senior technical support engineer at Oracle from 2015 until this year. There is evidence that Krewson discussed transferring the ether to Malta or the Bahamas with Castelluzzo and Atwell. These conversations were made public by phone conversations from prisons, and as of mid-2021, their relationship on Facebook (NASDAQ:META) was even more evidence of this. During a July 2018 police raid, Krewson gave the password to the cryptocurrency wallet, which permitted the authorities move all the money to a DOJ wallet. Castelluzzo filed an appeal for the recovery of these money with a Colorado court in December on behalf of himself and Broken Wings Holdings, the business he co-owned with Krewson and Atwell to trade cryptocurrencies on the Bitrix market. He argued that the money was not illicit proceeds, but his appeal was turned down. The monies were seized, as reported by the DOJ last week. Although Krewson’s lawyer has not yet responded, Castelluzzo insists that the bitcoin was obtained legally.
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