Olympic Snowboarder Turned Alleged Crypto Crime Kingpin Arrested in Mexico

In brief

  • The FBI arrested former Olympic snowboarder Ryan James Wedding, who’s accused of running a crypto-backed cocaine trafficking operation.
  • Prosecutors say his network used Tether (USDT) to move drug proceeds across borders.
  • Wedding is now being brought to the U.S. from Mexico to face trial.

The FBI announced Friday that it has arrested Ryan James Wedding, a wanted fugitive and former Olympic snowboarder accused of operating a drug-smuggling empire backed by crypto.

Wedding, a Canadian national, was accused in 2024 by the U.S. Department of Justice of managing a cocaine trafficking operation running from Colombia, through Mexico, and into the United States. Wedding and his business partners also orchestrated numerous murders as part…

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