Money Laundering through Cryptocurrency Uncovered in RCMP's Project Decrypt with FINTRAC's Financial Intellige
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Royal Canadian Mounted Police in Manitoba in Project Decrypt, an investigation into an illicit cannabis trafficking network where one individual and his associates were charged with various offences, including one person charged with money laundering through cryptocurrencies. Investigators seized more than $6 million in drugs, equipment, and proceeds of crime, in addition to more than $3 million in property, more than $2 million in illicit c
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