U.S. authorities imposed a $10,000 bounty on Ryan Wedding, an ex-Canadian Olympic snowboarder accused of running a multi-national drug empire.
Federal Bureau of Investigation On Thursday, the Canadian was added to the Ten Most Wanted Fugitives List in an attempt to capture him faster.
Bureau of International Narcotics and Law Enforcement Affairs of U.S. Department of State offers $10 Million reward for information under the “Narcotics Rewards Program (NRP),” Any information leading to Wedding’s arrest, as per their The following is a statement by the spokesperson.
“Wedding went from shredding powder on the slopes at the Olympics to distributing powder cocaine on the streets of U.S. cities and in his native Canada,” Akil D. Davis, Assistant Director of FBI Los Angeles Field Office.
The DOJ will be launching its October 2024 campaign. Charges of criminal prosecution Wedding, 15 defendants and others were accused of being the leaders of a trafficking syndicate that committed multiple crimes.
Authorities in the United States claim that Wedding used his criminal network to smuggle hundreds kilos of cocaine and Fentanyl to North America, while also orchestrating a number of murders for his own protection.
A former Olympian is accused of using Tether (USDT).The largest stablecoin based on market capitalization is used to hide money, bypassing traditional banking methods.
Tether’s spokesperson didn’t immediately respond Decrypt’s Request for comments
Wedding and his accomplice Andrew Clark are accused of ordering the murders in Ontario, Canada in 2023, of a family that stood in their path.
Wedding is still on the loose, according to the authorities. They believe that he’s hiding out in Mexico with the Sinaloa Cartel.
The minimum mandatory sentence for him and Clark is life imprisonment at the federal level if they are convicted of their involvement in an ongoing criminal enterprise.
For murder, attempted murder and drug trafficking there is a mandatory minimum sentence of 20 years.
In addition to the State Department’s $10 million bounty, the FBI has also announced a $50,000 bounty for information leading directly towards Wedding’s arrest.
The FBI’s investigation in Wedding’s case provides ammunition to those who claim that cryptography is becoming increasingly popular. Criminality both domestic and international.
The November Report revealed Tether helps Mexican drug cartels such as Sinaloa move funds across borders quickly.
Crypto, which is popular for its ease and stability of use, has also become an important tool in money laundering.
USDT has been linked to millions of dollars worth of cocaine, and additional investigations show that cartels are using it to hide the proceeds.
Sebastian Sinclair edited the book