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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Galaxy Digital Puts $100M of sUSDS Into Corporate Treasury
Key TakeawaysGalaxy put $100M of Sky’s sUSDS into its treasury and approved it as institutional loan collateral.The move brings DeFi...













