A U.S. judge sentenced Colombian crypto broker Leonardo de Jesus Zuluaga Duque to 160 months in prison for laundering about $14.5 million in drug money through Tether (USDT). The laundering occurred between May and November 2023, involving converting drug proceeds into Tether tokens, then exchanging them for U.S. dollars through an unlicensed money-transmitting business. The dollars were sent to Colombian firms and converted to pesos for distribution. Zuluaga Duque was also ordered to forfeit nearly $14.75 million and serve five years of supervised release. This case highlights the use of cryptocurrency in international drug money laundering and cross-border cash conversion schemes.
The Colombian crypto broker case is presented here with Pluang's cryptocurrency market data as of Oct 22, 2026 14:21 WIB. For readers following digital assets, 7 out of 50 major cryptocurrencies rose while 42 fell on Pluang today. Notable movers include EOS at Rp12.649 with an 8.13% increase and a typical hold time of 87 days, KSM at Rp72.247 down 6.64% with 68% buy order activity, and SAND at Rp987 down 6.32% with 81% sell order activity.
Regula Forensics contributed expertise to a Forrester Research report on key requirements for Know-Your-Business (KYB) solutions, emphasizing the importance of ongoing verification beyond initial onboarding. The report highlights how Regula's technol...
The LEPAS L6 EV electric vehicle successfully completed its inaugural 'Global Elegance Drive,' covering approximately 700km across diverse road conditions in China. Participants from 15 countries tested the car's driving performance, intelligent park...
The LEPAS L6 EV completed its inaugural LEPAS Global Elegance Drive, a 700 km journey from Shanghai to Wuhu, testing its driving dynamics, comfort, smart parking, range, and charging performance. The event involved 34 drivers from 15 countries and in...
The LEPAS L6 EV successfully completed its inaugural Global Elegance Drive, a 700 km journey from Shanghai to Wuhu, involving 34 ambassadors from 15 countries. The event tested the vehicle's driving performance, intelligent parking, range, and chargi...
The LEPAS L6 EV successfully completed its first Global Elegance Drive, covering about 700 kilometers from Shanghai to Wuhu. The event tested the vehicle's driving dynamics, comfort, intelligent parking, range, and charging performance across various...
