Miami-based Venezuelan sentenced 12 years for laundering $1B for drug cartels

Jorge Figueira was sentenced to 12 years for laundering over $1 billion for drug traffickers, using cryptocurrencies, bank accounts, and shell companies across Colombia, China, Panama, and Mexico. The case highlights the scale of illicit finance networks and the use of crypto in money laundering. It underscores ongoing international law enforcement efforts against drug-related financial crime.

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