Maximilien de Hoop Cartier pleaded guilty in October 2025 to operating an unlicensed money transmitting business
Cartier set up a network of shell companies and US bank accounts between 2020 and 2025 to launder over $470 million
The US court sentenced Cartier to eight years in prison after a thorough investigation by the Southern District of New York and IRS-CI officials
A U.S. court has sentenced French national Maximilien de Hoop Cartier to eight years in prison for running an unlicensed cryptocurrency exchange that functioned as a major laundering artery for international drug cartels.
As per the release from the Southern District of New York (SDNY), prosecutors said Cartier moved more than $470 million through U.S. bank…
