FBI arrests ex-Olympian drug 'kingpin' who allegedly used crypto to move proceeds

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The FBI arrested Ryan Wedding, a former Olympic snowboarder, for allegedly using cryptocurrency to launder money from his illicit activities, marking a significant catch for U.S. authorities.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The U.S. caught a top-ten most-wanted fugitive when they arrested Ryan Wedding, a former top snowboarder who's said to have used digital assets in his crimes.

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Original article published by CoinDesk on January 24, 2026.
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