Colombia and the United States jointly dismantle CJNG crypto money laundering network, involving over $190 million

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Mars Finance News, according to market sources, Colombia and U.S. law enforcement agencies jointly conducted an operation, successfully dismantling a transnational cryptocurrency money laundering network associated with the Mexican “Jalisco New Generation Cartel” (CJNG).
Since 2023, the network has transferred over $190 million in illegal funds through cryptocurrency channels, with multiple crypto wallets and cash seized on site.
Investigations show that the network commonly used methods such as fund splitting, multi-wallet dispersed transfers, cross-jurisdiction circulation, and token swaps to evade tracking.
Currently, authorities have not disclosed specific details about the involved cryptocurrencies, trading platforms, or the number of arrests, and the case investigation is still ongoing.

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