Former Canadian Olympian Ryan Wedding Sanctioned by the US for Alleged Drug Trafficking, Sanctions List Includes Multiple Cryptocurrency Addresses

ChainCatcher news, the U.S. Department of the Treasury has announced sanctions against former Canadian Olympian Ryan James Wedding and his drug trafficking organization. Wedding is accused of leading an international drug trafficking network, and the sanctions involve 9 individuals and 9 entities being added to the Specially Designated Nationals (SDN) list. Notably, the sanctions list includes multiple cryptocurrency addresses, involving Bitcoin, Ethereum, Binance Smart Chain, Tron, and Solana across several blockchain networks.

The sanctioned individuals include suspects from Mexico, Italy, the United Kingdom, and Canada, while the related entities are involved in industries such as jewelry manufacturing, private security, fuel wholesale, and motorcycle sales.