A network of shell companies, international remittance services, intermediary bank accounts and cryptocurrency wallets has landed two Kenyans in the crosshairs of investigators, who have frozen Sh115 million linked to them after tracing what they believe was a sophisticated money-laundering operation involving more than Sh300 million.
The frozen cash includes stablecoins in Binance wallets; $751,853.70 USDT (Sh97.2 million) linked to Glory Kithure and $896 USDT (Sh115,852) linked to Michael Machimbo.
