Hushpuppi Accused Of Laundering Money For North Korean Hackers
More details have emerged in the fraud case against The Instagram celebrity , Ramon Abbas , who is popularly known as Hushpuppi.
Last July , Hushpuppi was charged by the US Attorney’s Office in Los Angeles with conspiring to launder hundreds of millions of dollars from ‘’business email compromise”’ (BEC) frauds and other scams.
In a statement released by the DoJ , it was claimed that Hushpuppi took part in a “North Korean-perpetrated cyber-enabled heist from a Maltese bank in February 2019.”
Both the date and amount match that of the attack on Malta’s Bank of Valletta in February 2019.
In July , Abbas’ then-lawyer , Gal Pissetzky told Forbes that Abbas was not guilty of the charges and described him as “an entrepreneur” who made his money legitimately through “real estate” and his work “promoting brands” as an “Instagram personality.”