TechFlow News, June 15: According to CriptoNoticias, Chilean judicial authorities have launched an investigation into the cryptocurrency platform Plusspay, accusing it of facilitating money laundering for the transnational criminal organization “Tren de Aragua.” The investigation found that the platform may have converted local fiat currency into stablecoins—including Tether (USDT) and other U.S. dollar-pegged stablecoins—through multiple affiliated companies, and then transferred funds via Chile’s banking system. The volume of suspicious fund flows exceeds $84 million.
Plusspay’s offices in Chile have been raided, and an arrest warrant has been issued for its founder, José Manuel Ríos Guaidó. The platform has suspended operations and issued a statement denying any association with organized crime.
