Plusspay Founder Fled After $84M Stablecoin Scheme for Sanctioned Gang — Stablecoins

Plusspay Founder Fled After $84M Stablecoin Scheme for Sanctioned Gang

Chilean prosecutors issued an arrest warrant for Venezuelan-born fintech founder Jose Manuel Rios Guaido after linking his platform Plusspay to $84 million in suspicious activity tied to Tren de Aragua, a U.S.-sanctioned criminal organization. Investigators believe Guaido fled after raiding his Santiago offices, as the company allegedly converted local currency to stablecoins for cross-border money laundering.