Stablecoin Laundering Network Lands Colombian Crypto Broker in Prison

Your call?🐂 Bullish🐻 Bearish

$14.5M

laundered drug proceeds

$USDT

$182.84B mcap

A Colombian cryptocurrency broker known as “Rey” has been sentenced to 160 months in federal prison for helping launder $14.5 million in drug proceeds using Tether’s USDT and participating in a cocaine importation conspiracy. The operation…