A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […]
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Wealth Managers Signal Crypto Shift With 60% Planning Allocations
Key Takeaways60% of wealth managers polled planned crypto allocations within a year.Another finding showed 60% expected higher crypto prices by...













