▼ Bearish
A Miami-based crypto broker has been arrested for his alleged role in a global money-laundering network connected to drug cartels and evasion of Russian sanctions.
The DEA reports that the suspect used private Telegram group chats to facilitate illicit transactions and participated in 11 undercover transfers.
Confidential court sources indicate that the network laundered approximately $50 million per day.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.