Drug cartels are reportedly using Tether (USDT) for money laundering

Recent reports claim that drug cartels dealing in cocaine have started using Tether (USDT) in their money laundering activities in North and South America. These organizations are said to use the stablecoin to transfer funds and cash rapidly and anonymously across borders, especially between Mexico, Colombia, and the US. According to court files, the Sinaloa

Source: Cryptopolitan