Cartier jewelry heir arrested for laundering drug money with USDT

zasad@

legendary

Activity: 1736

Merit: 4270

Quote from: bbc.reporter on May 08, 2024, 08:56:27 PM

Quote from: zasad@ on May 08, 2024, 09:04:08 AM

Well, you understand the meaning of this article. The main enemy is USDT!

Are you implying that the article writer is also only implying that the enemy is USDT or are you implying that USDT is the main enemy? If anyone is implying that USDT is the enemy, does this also cause them to imply that bitcoin or gold is the enemy if this Cartier heir used bitcoin or gold to launder their money?

I also read protos.com articles, however, I have noticed that much of their articles are forcing to write headshaking storylines about the cryptospace with much fud.

In the U.S., there has long been a struggle for interens between the largest issuers of USDT and USDC steiblcoins.
USDT is owned by a US company and they try to work very transparently in accordance with US laws.

Tether holdings limited is registered in the Cayman Islands and it is not very clear who the beneficiaries of this company are.

bbc.reporter

legendary

Activity: 2926

Merit: 1440

Quote from: zasad@ on May 08, 2024, 09:04:08 AM

Well, you understand the meaning of this article. The main enemy is USDT!

Are you implying that the article writer is also only implying that the enemy is USDT or are you implying that USDT is the main enemy? If anyone is implying that USDT is the enemy, does this also cause them to imply that bitcoin or gold is the enemy if this Cartier heir used bitcoin or gold to launder their money?

I also read protos.com articles, however, I have noticed that much of their articles are forcing to write headshaking storylines about the cryptospace with much fud.

zasad@

legendary

Activity: 1736

Merit: 4270

https://protos.com/cartier-family-member-arrested-for-laundering-drug-money-with-tether-1/
"The US Justice Department (DoJ) has indicted and arrested an heir to the Cartier jewelry empire with conspiring to launder the proceeds of drug trafficking using tether (USDT).

In Miami, law enforcement arrested Maximilien de Hoop Cartier, a direct descendant of Louis Cartier, the founder of the luxury watch, necklace, and bracelet maker, where he was allegedly coordinating with a Colombian drug cartel.

Alongside five Colombian nationals, Cartier tried to import 100 kilos of cocaine and launder hundreds of millions of dollars, mostly through over-the-counter (OTC) USDT trades. They actually succeeded at laundering 14.5 million USDT before their arrests.

Cartier is currently in a Miami detention center while his co-conspirators are in Colombian jails.

To carry out his scheme, Cartier controlled shell companies and misrepresented to financial institutions that they were in the business of software and technology. He then used the companies’ accounts, according to the indictment, as unlicensed money transmitters.

Using USDT, dollars, pesos, and other currencies, Cartier laundered hundreds of millions of dollars worth of criminal proceeds."

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Well, you understand the meaning of this article. The main enemy is USDT!

Topic: Cartier jewelry heir arrested for laundering drug money with USDT (Read 28 times)