Gate News message, April 25 — Colombian and U.S. law enforcement agencies have jointly dismantled a transnational cryptocurrency money laundering network linked to Mexico’s Jalisco New Generation Cartel (CJNG). The network has transferred over $190 million in illicit funds through crypto channels since 2023, according to reports. Authorities seized multiple crypto wallets and cash during the operation.
Investigations revealed the network employed sophisticated evasion tactics including fund splitting, dispersed multi-wallet transfers, cross-jurisdictional flows, and token swaps to avoid detection.
Authorities have not yet disclosed details regarding specific cryptocurrencies involved, trading platforms used, or the number of arrests made. The investigation remains ongoing.
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