Spanish police have arrested a Dutch citizen of Colombian origin suspected of laundering €6 million using cryptocurrency.
The investigation began in 2018 when law enforcement agencies discovered the new criminal group in the Spanish province of Malaga. They found out that one of the network’s leaders was a member of a well-known Colombian drug cartel.
According to the police, the man created a company related to cryptocurrency trading. He has laundered more than €6 million through it. The intruder was hiding from prosecution by the Dutch authorities in Spain.
Finally, the police arrested him at his Villa in Marbella. The confiscated property includes €85,000 in cash, three cars, expensive watches, bank cards linked to cryptocurrency accounts, computers, and smart-phones. Police seized $170,000 worth of digital assets in the Netherlands.
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