In Virginia, the United States, a multinational drug cartel used the Tether cryptocurrency to bribe public officials. The Justice Department has revealed this. The DoJ also exposed some of the perpetrators’ tricky tactics for over a decade to sell narcotics and launder money.
Court records unsealed by the DoJ disclosed charges brought against six people linked to drug smuggling, money laundering, identity theft, and more. In the U.S., Mexico, China, Belize, and Guatemala, the DoJ alleged that the six are part of a massive crime ring that launders money from the selling of illicit drugs.
The criminals allegedly bribed an official using Tether
To bribe a U.S. government official, the perpetrators reportedly used the Tether digital currency. The crime ring was busted by the U.S., according to court records. Undercover members of the Drug Enforcement Agency who posed as corrupt state officials. In June, Tao Liu reportedly paid $1,000 to Tether’s DEA agent as a bribe to secure a fake U.S. passport. Days later, he allegedly paid an extra $4,000 in USDT to the agent and then followed this up with two $3,000 and $2,000 bank transfers.
The six criminals are also charged with money laundering
Also charged with importing and selling cocaine in the U.S., money laundering, alleged identity theft, bribing a government official, and launder money are the six suspects live in the U.S., Belize, Hong Kong and Mexico but were born in China.
The DoJ is seeking the seizure of at least $30 million if convicted of their alleged crimes, representing proceeds gained by the defendants in the course of the drug conspiracies and property involved in the money-laundering scheme. Additionally, the Department of Justice requires Tao Liu to forfeit USDT $5,000 traced to his bribery allegations.