FBI arrests ex-Olympian drug 'kingpin' who allegedly used crypto to move proceeds
The FBI has arrested a former Olympic athlete accused of being a drug kingpin who allegedly used cryptocurrency to facilitate the movement of drug proceeds. The individual is charged with operating a large-scale drug trafficking operation, utilizing digital currencies to obscure financial transactions. Authorities believe the use of crypto allowed for greater anonymity and efficiency in the drug trade. The arrest highlights ongoing concerns about the intersection of cryptocurrency and illegal activities.
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