Chilean cryptocurrency platform Plusspay under investigation for allegedly aiding transnational criminal organizations in money laundering

According to CriptoNoticias, Chile’s judicial authorities have launched an investigation into the cryptocurrency platform Plusspay, accusing it of facilitating money laundering for the transnational criminal organization “Tren de Aragua.” The investigation found that the platform may have converted local fiat currency into stablecoins—including Tether (USDT) and other U.S. dollar–pegged stablecoins—through multiple affiliated companies, and then transferred funds via Chile’s banking system. The volume of suspicious fund flows exceeds $84 million.