Chile Investigates Crypto Platform Plusspay Over $84 Million Money Laundering Case

Odaily: Chilean judicial authorities have launched an investigation into the cryptocurrency platform Plusspay, accusing it of laundering money for the transnational criminal organization "Tren de Aragua." The platform is suspected of using affiliated companies to convert fiat currency into stablecoins such as Tether, and leveraging the local banking system to move funds, with suspicious funds exceeding $84 million. The platform's offices have been raided, an arrest warrant has been issued for founder José Manuel Ríos Guido, and the platform has suspended operations, issuing a statement denying any involvement with organized crime. (CriptoNoticias)