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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Strategy Should Pause Bitcoin Buys and Rebuild Cash, Cryptoquant Warns as STRC Stays Below Par
Key TakeawaysCryptoquant said Strategy’s dividend coverage fell from 7-plus years to 14 months, urging a pause on bitcoin buys.Strategy’s cash...













