Federal authorities have charged nine individuals with participating in a cryptocurrency laundering scheme tied to drug cartels, according to the U.S. Department of Justice (DOJ statement). Accordingly, the indictment alleges that the group facilitated the laundering of drug proceeds using digital assets, enabling cartels to move illicit funds across borders. Meanwhile, the charges were announced on…

The post Nine Charged in U.S. Crypto Laundering Tied to Drug Cartels appeared first on Crypto-News.net.