Plusspay's recent $84 million money laundering case, with the founder directly fleeing, the platform shutting down, and the alarm bell for Latin American crypto compliance ringing again.

According to CriptoNoticias, Chilean prosecutors have launched an investigation into the cryptocurrency platform Plusspay and searched its office in Santiago. Prosecutors suspect that the platform and related entities were used to launder money for the criminal organization Tren de Aragua, involving suspicious fund flows exceeding $84 million. Prosecutors have issued an arrest warrant for the founder, José Manuel Ríos Guaidó, whose whereabouts are currently unknown. Plusspay denies any connection to organized crime and says it will respond to the allegations through legal channels. The platform has already suspended operations.