Skip to content
Bitcoin News

Colombian Police Dismantle $42M Crypto Drug Laundering Ring

By Sergio Goschenko

The operation involved movements across four different locations to capture “Gallo,” the head of an organization accused of drug trafficking and crypto laundering in Puerto Rico, and Nassim Vasquez, indicted in New York for laundering over $42 million with cryptocurrency. Colombia Announces Eight Detentions Involved…

Read Original Article

Explained in this story

Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

From the blog