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U.S. Treasury Says Ryan Wedding Laundered Billions in Drug Money Through Canadian Currency Exchanges

OTTAWA — Ryan Wedding, the former Olympic snowboarder accused of running a billion-dollar cocaine network for the Sinaloa Cartel, used currency exchanges in the Vancouver and Toronto areas to launder billions of dollars in drug proceeds, the United States Treasury Department alleged Friday, as it sanctioned eight Canadian money services businesses accused of moving money for Iran’s Islamic Revolutionary Guard Corps (IRGC).

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