Key Takeaways:

• Authorities sentenced a French national to eight years for running a crypto laundering operation.
• Investigators said the network moved more than $470 million through banks and shell companies.
• Forfeiture orders target millions in commissions and accounts as enforcement actions continue.

U.S. Sentence Highlights $470M Crypto Laundering Scheme

A U.S. court on April 28, 2026, sentenced French national Maximilien de Hoop Cartier to eight years in prison over a crypto-linked laundering network. The case focused on an unlicensed exchange that moved illicit funds through U.S. banks, shell companies, and crypto accounts. Authorities said Cartier helped launder more than $470 million tied to criminal proceeds.

Cartier pleaded…