USA: Frenchman Maximilien de Hoop Cartier sentenced to 8 years for laundering $470 million

The federal court for the Southern District of New York sentenced Maximilien de Hoop Cartier to eight years in prison for money laundering related to an unauthorized cryptocurrency exchange platform. He was found guilty of laundering over $470 million from criminal activities, including drug trafficking, using shell companies. The investigation began in 2021, and Cartier pleaded guilty in October 2025 for operating an unauthorized money transfer business.