Colombia arrests 8 in $42 million crypto drug laundering operation, all face US extradition

Colombian authorities arrested eight suspects accused of laundering millions for drug cartels through cryptocurrency, in an international operation coordinated with US law enforcement. The Office of the Attorney General of Colombia announced the arrests, stating the individuals are linked to complex schemes converting drug trafficking profits into digital assets to obscure their origins. The raids were carried out jointly by the Technical Investigation Corps (CTI) of the Colombian Fiscalía and the national army, with teams deployed to Cajicá, Maicao, Barranquilla, and Bogotá.

Source: CoinTurk News