Odaily Planet Daily reported according to (Court Watch) that a money laundering organization related to the importation of cocaine from Mexico and Colombia into the United States is using USDT. The report indicates that drug traffickers have turned to cryptocurrency, especially USDT, "as a way to rapidly transfer funds across borders in recent years." Court records from multiple cases state that criminal organizations, including the Sinaloa drug cartel in Mexico, are using such assets for large-scale drug trafficking. Earlier reports indicated that a Canadian Olympic snowboarder and his gang were suspected of using USDT to traffic cocaine, and this gang is also allegedly involved in multiple murders. Law enforcement agencies state that cocaine is transported from Colombia through Mexico to the United States and Canada. Due to the widespread awareness among the Mexican public that USDT comes from drug proceeds, USDT is sold at a discounted price in Mexico, creating a very serious situation. A source said: "The current trend is to buy USDT from Mexican groups at prices below the market rate, and then sell USDT at Casa de Cambios (currency exchanges), cryptocurrency exchanges, over-the-counter (OTC), or peer-to-peer (P2P) trading in Colombia." (Decrypt)

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