Mexican National Pleads Guilty to Laundering $4 Million in Drug Proceeds via Crypto

Carlos Erick Vazquez Gonzalez, a 48-year-old Mexican national, has pleaded guilty to laundering $4 million in drug trafficking proceeds using cryptocurrency. The U.S. Department of Justice reported that the defendant earned $40,000 by collaborating with money brokers to collect drug profits across various U.S. cities. He now faces a potential prison sentence of up to 20 years.