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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Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per...













