Bipartisan AG Coalition Targets WeChat’s Alleged Role in Fentanyl-Linked Money Laundering

Cozen O'Connor
Contact
LinkedIn
Facebook
X
Send
Embed

Cozen O'Connor

  • A bipartisan coalition of six AGs, led by North Carolina AG Jeff Jackson, has sent a demand letter to WeChat US, Inc., seeking answers about the app’s alleged role in facilitating transnational money laundering operations tied to fentanyl trafficking.
  • The letter alleges that Chinese underground banking networks, in coordination with Mexican drug cartels, use WeChat’s encrypted messaging and integrated payment features to coordinate cash pickups in U.S. cities, conduct currency swaps, and move illicit drug proceeds across borders through complex transactions that are difficult to trace.
  • The AGs have requested a written response by June 11, 2025, describing what steps WeChat has taken to address the potential misuse of its platform, including any relevant terms of service, community guidelines, or other policies and procedures aimed at preventing financial crimes.
Send Print Report

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Cozen O'Connor

Written by:

Cozen O'Connor
Cozen O'Connor
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Cozen O'Connor on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign Up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide