New information has been made known that Ramon Abbas, popularly known as Hushpuppi on Instagram was also involved in a money laundering scheme with some North Korean hackers.
July last year, Hushpuppi was indicted by the US Attorney’s Office in Los Angeles with colluding to launder hundreds of millions of dollars from ‘business email compromise’ (BEC) frauds and other scams.
Although, on Wednesday, the Department of Justice made an allegation against him, involving him with the laundering of money of a Maltese Bank to North Korean hackers.
The DOJ released a statement saying, asserting that Hushpuppi was involved in a “North Korean-perpetrated cyber-enabled heist from a Maltese bank in February 2019”.
The DOJ released a statement in July, referring to the attack as “a $14.7 million cyber-heist from a foreign financial institution.”
Both the amount and date match that of the attack on the Maltese bank of Valetta in 2019.
Former lawyer of Ramon Abbas, Gal Pissetzky said to Forbes in July that Ramon 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.”