Chile Arrests 18 in $88 Million Crypto Money-Laundering Ring Linked to Tren de Aragua Cartel
By
Sergio Goschenko
Summary
Chilean authorities have dismantled an $88 million money-laundering operation linked to the Venezuelan Tren de Aragua cartel. An investigation active since 2024 led to the arrest of 18 individuals who used bank accounts, shell companies, and cryptocurrency remittances to launder proceeds from the gang's illegal activities in Chile. The operation was executed on Tuesday, marking a significant crackdown on crypto-enabled financial crime tied to organized crime.
Source
bskyChile Arrests 18 in $88 Million Crypto Money-Laundering Ring Linked to Tren de Aragua Cartelnews.bitcoin.comKey quotes
· 3 pulledAn investigation that has been active since 2024 identified an 18-man money-laundering group that used several bank accounts, irregular companies, and cryptocurrency remittances to launder funds from the illegal activities of the Venezuelan Tren de Aragua group.
Chile Shuts Down $88 Million Crypto Money Laundering Group Linked To Tren de Aragua
A two-year investigation has resulted in the arrest of 18 individuals who operated a scheme that included crypto assets to launder the proceeds of illicit activities or the Venezuelan Tren de Aragua gang in Chile.
You might also wanna read
Brazilian Federal Police Dismantle $2 Billion Crypto Money Laundering Ring Linked to the PCC Cartel
Spanish Police Arrest Five in $542 Million Crypto Investment Fraud
Spanish police arrested five individuals involved in a $542 million cryptocurrency investment fraud scheme that targeted over 5,000 victims
therecord.media·11mo ago
DOJ Seizes $15 Billion in Bitcoin from Cambodia-Based 'Pig Butchering' Fraud Scheme
The U.S. Department of Justice has seized approximately $15 billion in bitcoin from a massive 'pig butchering' cryptocurrency fraud scheme b
cnbc.com·8mo ago
Belgian police arrest suspected phishing gang leader tied to $572K theft
Crypto gambler profits $436,000 on Maduro capture bet just before official announcement
A crypto gambler made $436,000 by betting on Polymarket that Venezuelan President Nicolás Maduro would be out of power by the end of January
bbc.com·6mo ago
Prince Group Chairman Indicted for Operating Forced-Labor Cryptocurrency Fraud Compounds in Cambodia
Cambodian national Chen Zhi, founder and chairman of Prince Holding Group, has been indicted in federal court in Brooklyn for operating forc
justice.gov·8mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.