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 […]
Source link
So-Called Crypto ‘Godfather’ Gets 78 Months as $37M Meta Fraud Unravels
Key TakeawaysAdam Iza received 78 months in prison and a $23.4 million restitution order.Five former Los Angeles County sheriff’s deputies...













