Crypto Broker Gets 160 Months In US Drug-Money Laundering Case

TL;DR: A Colombian crypto broker received a 160-month prison sentence in a US laundering and narcotics case, prosecutors announced October 21. The account describes a scheme moving criminal proceeds through Tether and US shell companies. A New York federal judge has sentenced Leonardo de Jesus Zuluaga Duque to 160 months in prison in a case involving cryptocurrency, drug proceeds and transfers through the US banking system. The US Attorney’s Office for the Southern District of New York announced the sentence on Wednesday. Judge Mary Kay Vyskocil also imposed five years of supervised release and ordered forfeiture of $14,751,846, according to prosecutors. The office described Zuluaga Duque as a Colombia-based crypto broker with a supervisory role in the network.

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