Interesting bit from the court docs of how they traced it to him:
Based on cryptocurrency tracing analysis performed by FBI personnel, I have
learned the following, among other things: on or about November 12, 2025, and November 13,
2025, in a total of approximately three transactions, Wallet-0xAf6 sent a total of approximately
$149,980 of cryptocurrency to particular cryptocurrency swapping service (“Swapping Service-
1”).2,3 Based on documents from Swapping Service-1, I have learned that shortly after those three
transactions, Swapping Service-1 sent approximately $149,980 of cryptocurrency to a particular
cryptocurrency payment processor (“Payment Processor-1”). Based on documents from Payment
Processor-1, I have learned that the November 12 and 13, 2025 transactions were received by
account in the name of “Michele Spagnuolo,” and that an Italian Government identification card
was used to open the account at Payment Processor-1. A copy of that identification card, which I
have reviewed, appears to be a government identification card for MICHELE SPAGNUOLO, a/k/a
“AlphaRaccoon,” the defendant.
Seems like whatever swapping service he used is what got him as he probably assumed that they wouldn’t comply with law enforcement or have detailed records.
further proving just because you’re smart, doesn’t mean you’re a criminal mastermind.
guy should have laundered it across multiple wallets and various crypto flavors. at the very least it would have stopped anyone from looking and going “this one here is moving a lot of money”.
Interesting bit from the court docs of how they traced it to him:
Seems like whatever swapping service he used is what got him as he probably assumed that they wouldn’t comply with law enforcement or have detailed records.
further proving just because you’re smart, doesn’t mean you’re a criminal mastermind.
guy should have laundered it across multiple wallets and various crypto flavors. at the very least it would have stopped anyone from looking and going “this one here is moving a lot of money”.