Hushpuppi pleads guilty, and is likely to face up to 20 years in jail

Ramon Abbas, popularly known as Ray Hushpuppi, has agreed and pleaded guilty to charges leveled against him and is to face up to 20 years in prison.

This was made known following reports from American Journalist, Evan Ratliff, in series of tweets on Wednesday, July 28th, 2021.

Hushpuppi pleads guilty: According to him, Hushpuppi has admitted to the laundering of money from Malta Bank heist and the BEC attacks on a Premier League club, another UK firm, and an American law firm

His post reads ;

UPDATE: Ramon Abbas aka Ray Hushpuppi agreed today to plead guilty in federal court to conspiracy to engage in money laundering, of funds from business email compromise scams and other online heists. He’ll face up to 20 years in prison at sentencing.

In his plea agreement, Abbas admitted to laundering money from the Malta Bank heist and the BEC attacks on a Premier League club, another UK firm, and an American law firm, as well as additional schemes.

Abbas’s plea agreement, which involved crimes allegedly perpetrated by North Korean state sponsored hackers, was heavily redacted, and many of the filings in the case remain sealed.

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