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FBI Arrests Former Olympic Skier for Alleged Drug Money Laundering via Cryptocurrency

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The FBI arrested former Olympic snowboarder Ryan Wedding in the U.S. after his extradition from Mexico. He is facing charges of laundering drug money through cryptocurrency, as reported by news outlets. Wedding is connected to the Sinaloa Cartel and was previously included on the FBI's Ten Most Wanted list for alleged cocaine trafficking and murder. The case underscores the ongoing enforcement of cryptocurrency regulations in cross-border financial crimes.

PANews January 24, 2023 — According to a Coindesk report, Ryan Wedding, a former Olympic snowboarder, has been charged by U.S. authorities for using cryptocurrency to facilitate drug trafficking. He was arrested in Mexico and has now been extradited back to the United States. U.S. authorities arrested Canadian former snowboarder Ryan Wedding on Friday and also captured a drug kingpin allegedly involved in moving and laundering criminal proceeds through a cryptocurrency network. Ryan Wedding had previously been placed on the FBI's Top Ten Most Wanted Fugitives list due to alleged cocaine trafficking and murder charges. According to the FBI, Ryan Wedding is associated with the Sinaloa Cartel and was sanctioned in November by the U.S. Treasury's Office of Foreign Assets Control.

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