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Ben Ray Luján: “Crypto has taken a much more substantial role in laundering…”

Featuring: Ben Ray Luján, Democratic | U.S. Senate New Mexico

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John Cornyn Leads Senate International Narcotics Control Caucus Hearing On Mexican Drug Cartels

Published | Video Starts at 52:20

Mr. Urban, in your testimony, you highlighted, and you were asked a question earlier as well, around crypto. Crypto has taken a much more substantial role in laundering of funds, laundering of drug profits. et cetera, et cetera. Why is cryptocurrency such an attractive mechanism to facilitate lisle finance? And how could Congress stop the flow of funds? (52:20–52:27)

CLAIM

Asserts that cryptocurrency plays a significant role in laundering drug profits.

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Ben Ray Luján

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