Crypto Broker Gets 160 Months In US Drug-Money Laundering Case
Summary
Colombian crypto broker Leonardo de Jesus Zuluaga Duque was sentenced in New York to 160 months in prison and five years of supervised release for his role in laundering about $14.5 million in drug proceeds. Prosecutors said the network converted the proceeds into Tether, routed them through an unlicensed money transmitter, exchanged them for dollars, and moved funds through US shell companies to Colombian businesses for conversion into pesos. The judge also ordered Duque to forfeit $14,751,846.
