WASHINGTON, Sept. 4 -- The U.S. Department of Justice's Criminal Division issued the following news release:
A Mexican national, Carlos Erick Vazquez Gonzalez, 48, pleaded guilty today for his role in the laundering of approximately $4 million in drug trafficking proceeds in the United States and the return of those proceeds via cryptocurrency to Mexico as part of a money laundering conspiracy.
According to court documents, Vazquez Gonzalez worked with "money brokers" who arranged for the collection of drug profits in cities throughout the United States, which he then laundered and returned through cryptocurrency to Mexico. Vazquez Gonzalez accepted the deposit of approximately $4 million of these narcotic proceeds into a cryptocurrency w...