Table of Contents Show
The FBI has placed former Canadian Olympic snowboarder Ryan Wedding on its Ten Most Wanted Fugitives list for his alleged role in a billion-dollar drug trafficking operation. Authorities have also announced a $10 million reward for any information that leads to his capture.
From the Slopes to the Shadows
Ryan Wedding once competed for Canada in snowboarding, exposing his skills at the global level. But after retiring from competitive sports, he is said to have ventured into a much sinister business—operating an elite drug trafficking syndicate that brought tons of cocaine from Colombia through Mexico into the U.S. and Canada.
Billion-Dollar Drug Ring Financed by USDT
Investigators claim that Wedding and his associates used USDT (Tether), a popular stablecoin, to facilitate financial transactions, making it harder to trace illicit funds. This method allowed for seamless cross-border payments and helped launder proceeds from drug sales while avoiding traditional banking scrutiny.
The FBI’s Pursuit and $10M Bounty
The FBI has stepped up efforts to find and arrest Wedding, who is characterized as extremely dangerous. His operation was said to cut across several nations, with cartel links and sophisticated financial strategies. The whopping $10 million reward reflects the gravity of the case and the determination of the authorities to bring down the operation.
The Rise of Crypto in Organized Crime
Wedding’s case shows increasing trend—criminal syndicates using cryptocurrencies as a funding instrument for illicit affairs. While privacy and speed characterize digital assets like USDT, they become tough for law enforcers as they seek to fight financial offenses.
What’s Next?
The FBI is seeking anyone with tips on Wedding’s location to speak up. In a tightening screw on crypto-financed crime by law enforcement, this case is potentially a bellwether on how authorities push back against financial networks in digital space that help facilitate the business of drugs.
Follow news on this continuing story.
Stay Updated With the Latest Crypto News
For the latest updates, stay connected with us!
👉 Connect with us on LinkedIn: Latest Crypto Update
👉 Follow us on Instagram: Latest Crypto Update
👉 Follow us on Twitter: LCU on Twitter
👉 Subscribe to Our Newsletter for the latest crypto news and market insights.
Disclaimer:
The information provided on this website is for informational purposes only and may include third-party opinions or sponsored content. We do not offer financial advice. Before engaging with any exchange or individual, please conduct your own research and make decisions responsibly. For more details, review our Terms & Conditions.
