Former Crypto.com compliance officer charged with money laundering, extortion
A former compliance officer at Crypto.com — registered in Malta as Foris Dax MT limited — has been charged with extortion and money laundering after he allegedly threatened to expose sensitive information while demanding compensation from the company. Thirty-three-year-old Jose Luis Alonso Melchor was arraigned by magistrate Nadia Vella in a Malta court on Thursday following his arrest and termination from the Singapore-based crypto exchange. According to Malta Today, Melchor was fired after Crypto.com discovered he had broken an attachment order. Melchor then allegedly obtained sensitive information from the firm through his compliance officer role and threatened to publish it. He allegedly told his employer that he wanted €44,000 ($47,666) in compensation for his job loss. Melchor faces nine charges, including money laundering , extortion in his capacity as a public servant, extorting money by threatening to defame a third party, unauthorized use of his employe...