Descendant of 'Cartier' Involved in Illegal Cryptocurrency Exchange Laundering Over 75 Billion Yen

The U.S. Attorney's Office for the Southern District of New York on the 28th sentenced Maximilian de Hoop Cartier, a descendant of the luxury jewelry brand 'Cartier', to 8 years in prison for operating an unlicensed cryptocurrency over-the-counter exchange. Mr. Cartier was involved in a sophisticated international money laundering network that laundered illicit funds, including drug trafficking proceeds, through the United States. Prosecutor Jay Clayton stated the following...