Crypto Broker Gets 160-Month Drug-Money Laundering Sentence
A US judge sentenced Colombian crypto broker Leonardo de Jesus Zuluaga Duque to 160 months for laundering drug proceeds through $USDT, shell companies and banks. #Update #Legal $USDT
Money Laundering
Colombian Crypto Broker Jailed Over Stablecoin Laundering
Colombian crypto broker Leonardo de Jesus Zuluaga Duque received a 160-month prison sentence for laundering drug proceeds through $USDT; a judge ordered $14.75 million forfeited. #Update #Legal $USDT
Thai Police Bust Chinese $74M Crypto-Laundering Ringleader
Thai police arrested Wu Chaoshuai, accused of laundering over $74 million through bank and crypto exchange accounts. He faces a visa charge and extradition to China. #Update #Legal #WuChaoshuai
Bitcoin Scam Wallets Net $53M Seizure
U.S. prosecutors charged Trung Nguyen Van with laundering $53.3M through crypto “pig butchering” scams; one victim lost $16M. FBI investigated. #Breaking #Legal
Crypto Gang Dismantled in $7M UAE-Sweden Raid
UAE and Sweden dismantle a $7M crypto money laundering network linked to organized crime and contract killings, arresting seven gang members. #Breaking #Legal
Bitcoin Service Crippled in Global Takedown
Authorities arrest Ruslan Igorevich Tkachuk and Alexander Vladimirovich Ledenev in Georgia for allegedly laundering over $389M via AudiA6. Extradition to Pennsylvania pending. #Breaking #Legal
Bitcoin Busts $88M Crypto Laundering Ring
Chilean authorities arrested 18 individuals for laundering $88M in crypto linked to the Tren de Aragua gang, freezing 140 accounts and seizing $300K. Legal
Trump Labels Brazil Gangs Global Terrorists
The Trump Administration designates Brazil’s CV and PCC as global terrorists, impacting crypto markets due to PCC’s bitcoin laundering. FTO rules start June 5. #Breaking #Legal @StateDept
Crypto Sanctions Hit Sinaloa Cartel Hard
The U.S. Treasury’s OFAC sanctioned 14 individuals linked to the Sinaloa Cartel for laundering money via crypto-assets, particularly using Ethereum addresses, amid ongoing investigations with Homeland Security and the DEA. #Breaking #Crypto $ETH
US Sanctions Sinaloa Cartel Crypto Network
The U.S. Treasury’s OFAC sanctioned six individuals and two companies for laundering Sinaloa Cartel drug profits via cryptocurrency, blocking all related U.S. assets. #Breaking #Legal
Bitcoin Schemes Exposed in $18B Laundering
Ukraine’s Bureau of Economic Security (BEB) uncovers an $18 billion tax evasion scheme involving cryptocurrencies, leading to raids and significant asset seizures. #Breaking #Legal
Brazilian Stars Caught in $320M Money Laundering
Brazilian authorities have uncovered a $320 million money laundering scheme involving celebrities, including MC Ryan SP and MC Poze do Rodo, utilizing illegal betting and cryptocurrencies. #Breaking #Legal $BTC
Bitcoin Scandal: $320M Crypto Ring Exposed
Brazil’s Federal Police arrested MC Ryan SP in a $320M crypto laundering ring, Operation Narco Fluxo, spanning 8 states. Suspects face charges. #Breaking #Legal @FederalPolice
Crypto Firms Linked to $2B Money Laundering
The FATF reports only 46% of jurisdictions regulate Virtual Asset Service Providers (VASPs) based on activities, leaving gaps exploited for fraud and money laundering. Enhanced oversight and international cooperation are urged. #Update #Crypto