Texas Drug Ring Convicted of Laundering $50,000 Monthly in Cryptocurrencies

Six members of a Texas drug ring have been convicted for their roles in a dark web drug operation that laundered up to $50,000 a month in cryptocurrencies. The group, operating under the name “Loverbois”, sold almost 12 kilograms of methamphetamine. They processed approximately 20 drug orders per day between July 2019 and December 2020. The sentences ranged from (…)