CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2024-11-26 22:20:20

Drug cartels are reportedly using Tether (USDT) for money laundering

Recent reports claim that drug cartels dealing in cocaine have started using Tether (USDT) in their money laundering activities in North and South America. These organizations are said to use the stablecoin to transfer funds and cash rapidly and anonymously across borders, especially between Mexico, Colombia, and the US. According to court files, the Sinaloa

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.