Cartier's $2.36 million commission confiscated in cryptocurrency money laundering case

According to the prosecutor's introduction, Cartier's trading network consists of a large number of American shell companies and more than ten American bank accounts. He maintained the operation of the accounts by falsely stating the nature of his business (falsely claiming to be engaged in software publishing and development). Cartier receives drug funds and converts them into cash in the form of cryptocurrency, deposits them into a shell company account, transfers them to other nodes in the money laundering network, and ultimately withdraws them in local currency in Colombia. The court has ordered the confiscation of approximately $236 million in commissions and related shell company bank accounts obtained by Cartier from it.