# Stablecoin Laundering Network Lands Colombian Crypto Broker in Prison

- Source: Bitcoin News
- Published: 2026-10-21T21:30:36+00:00
- Category: Markets
- Original: https://news.bitcoin.com/regulation-and-legal/stablecoin-laundering-network-lands-colombian-crypto-broker-in-prison/
- Canonical: https://groundlevelnews.com/story/stablecoin-laundering-network-lands-colombian-crypto-broker-in-prison-e2f8ab/

A Colombian cryptocurrency broker known as “Rey” has been sentenced to 160 months in federal prison for helping launder $14.5 million in drug proceeds using Tether’s USDT and participating in a cocaine importation conspiracy. The operation connected Colombian drug traffickers, an unlicensed American crypto exchange, and a web of shell companies. Prosecutors also secured a […]

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