How Ryan Wedding is using cryptocurrency to launder the profits of his alleged multi-billion-dollar drug empire [BNN Bloomberg (Canada)]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
Company Research
Source: BNN Bloomberg
In a 54-page indictment unsealed last week, the U.S. Department of Justice alleges that Wedding is still conducting his alleged criminal enterprise while on the run from authorities and using cryptocurrency to launder the profits—which total more than US$1 billion a year. But how exactly is Wedding moving his money and who are the key players who have allegedly helped him in doing so? Here's everything we know: Hundreds of millions of dollars worth of crypto changing hands According to the indictment, Wedding and his associates used the cryptocurrency Tether, which is known as a stablecoin that's tied to the value of the U.S. dollar, to conceal the proceeds of their criminal enterprise. The court documents show that the group allegedly used a “sophisticated” network of Tether wallets to break down large amounts of money into smaller transfers. They then quickly used intermediary wallets to move the funds to a hub controlled by Wedding. The DOJ outlined exactly what some of
Show less
Read more
Impact Snapshot
Event Time:
BDNNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BDNNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BDNNY alerts
High impacting BOLIDEN AB UNSP/ADR news events
Weekly update
A roundup of the hottest topics
BDNNY
News
- Boliden AB (publ) (BDNNY) Discusses 2026 Operational Guidance and Outlook for Mines and Smelters Transcript [Seeking Alpha]Seeking Alpha
- Boliden guidance [Yahoo! Finance]Yahoo! Finance
- Boliden guidancePR Newswire
- Boliden (OM:BOL): Can Stronger Precious Metals Exposure Reshape Its Long-Term Outlook? [Yahoo! Finance]Yahoo! Finance
- Invitation to presentation of Boliden's guidance 2026 [Yahoo! Finance]Yahoo! Finance