A New Jersey jurisdiction has condemned a man for his role in drug smuggling and money laundering, which used wire and cryptocurrencies to move illegal money.
The scheme, which the general prosecutors in the case say has been nominated for six years, and included the import and distribution of materials related to fentanel.
The drug network fueled by encryption
The Federal jury found William Banzira sinner On January 27, the court records showed that he and his artificial opium partners were from suppliers in China and later distributed them in New Jersey. Medicines, which included a fetanil, were sold in a large form or as fake pharmaceutical pills.
To finance the process, transfer Panzra and its group hundreds of thousands of dollars through wire payments and encryption transactions. The authorities claim that the money has expired in the pockets of drug suppliers abroad.
The investigation was led by the investigations into the Newark Department of Internal Security (HSI), with the help of many federal and local law enforcement agencies, including the FBI and the American Tax and customs authority.
The 51 -year -old is scheduled to be sentenced to June 25, and he faces at least ten years in prison. There is also a possibility that the rest of his life will spend in prison for drug trafficking, in addition to another 20 years for his role in the money laundering plot.
The role of encryption in criminal institutions
The Panzera case is an example of the increased link between encryption and organized crime. Although it is still uncommon like Fiat to laundering money, the borrowed name and access to the border provided by digital assets make it an increasingly attractive option for criminals.
Recently, two Russian citizens, Sergey Ivanov and Timur Schakhamitov have been accused of managing a coding money laundering service. It is claimed that the husband has facilitated the transfer of approximately $ 800 million, linked to electronic criminals and ransom representatives.
Likewise, in early 2024, the father and his son were sentenced to 19 and 54 months in prison, respectively, in a row, to use Bitcoin to wash drug trafficking revenues. According to the two -year -olds of 72 and 38, more than 9000 BTC, at a value of about 150 million dollars at the time, were made of manufacturing and selling Xanax on Darknet markets.
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