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HYPE
2026-06-06 10:14:08

Chile has busted a cryptocurrency money laundering ring involving $88 million, linked to the sanctioned Arauca train crime syndicate

Chile dismantled an $88 million cryptocurrency money laundering syndicate linked to the "Trande Aragua" gang A two-year investigation ultimately led to the arrest of 18 suspects who laundered illegal proceeds of the Venezuelan "Araugua Train" criminal gang in Chile through a money laundering scheme involving crypto assets. This operation, carried out simultaneously by Chilean police and the Southern Prosecutor's Office on Tuesday across three regions of the country, exposed a complex network composed of bank accounts, fake companies, and cryptocurrency transfers.

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Chile has busted a cryptocurrency money laundering ring involving $88 million, linked to the sanctioned Arauca train crime syndicate
HYPE
2026-06-04 10:02:00

160 senior national security experts support the CLARITY Act, marking a critical phase in the Senate's cryptocurrency battle

The Senate faces pressure over the CLARITY Act, intensifying debates over cryptocurrency regulation As the Blockchain Association states that 160 former professionals in national security, intelligence, and law enforcement support this cryptocurrency market structure bill, pressure in Washington around the CLARITY Act is mounting. In a letter dated June 2 to Senate Majority Leader John Thune (Republican-South Dakota) and Senate Democratic Leader Chuck Schumer (Democrat-New York), the signatories viewed digital asset regulation as a national security issue. The Blockchain Association posted on the X platform: "Today, we sent a letter signed by 160 former professionals in national security, intelligence, and law enforcement to Senate Majority Leader Thorne and Senate Democratic Leader Schumer in support of the CLARITY Act."

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160 senior national security experts support the CLARITY Act, marking a critical phase in the Senate's cryptocurrency battle