New Jersey Man Convicted in Fentanyl Trafficking and Money Laundering Crypto Scheme

Description

A New Jersey jury has convicted a man for his role in a drug trafficking and money laundering operation that used wire transfers and cryptocurrency to move illicit funds. The scheme, which prosecutors in the case say ran for six years, involved importing and distributing fentanyl-related substances. Crypto-Fueled Drug Network The federal jury found William Panzera guilty on January 27, with court records showing that he and his associates imported synthetic opioids from suppliers in China and la...