FBI Arrests Former Olympic Snowboarder and Top Cocaine Trafficker in Crypto-Linked Case

Crypto Journalist

Amin Ayan

Crypto Journalist

Amin AyanVerified

Part of the Team Since

Apr 2025

About Author

Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has…

Last updated: 

FBI Arrests Former Olympic Snowboarder and Top Cocaine Trafficker in Crypto-Linked Case

US authorities have arrested former Canadian Olympic snowboarder Ryan Wedding, ending a years-long international manhunt for a figure investigators describe as a major cocaine trafficker who relied on cryptocurrency to move and conceal illicit profits.

Key Takeaways:

  • Former Olympian Ryan Wedding was arrested in Mexico and extradited to the US after years on the FBI’s Most Wanted list.
  • Authorities allege he ran a cartel-linked cocaine network and used crypto to launder proceeds.
  • US officials say the operation generated over $1 billion annually and spanned multiple countries.

Wedding, 44, was taken into custody in Mexico late Thursday and transferred to the United States on Friday, according to US officials.

The former athlete, who competed for Team Canada at the 2002 Winter Olympics in Salt Lake City, had been listed among the FBI’s Ten Most Wanted fugitives, with a reward of up to $15 million offered for information leading to his capture.

Former Olympic Snowboarder Faces US Charges in Global Drug Case

US Attorney General Pam Bondi said Wedding, whom she described as a “onetime Olympian snowboarder-turned alleged violent cocaine kingpin,” will face federal charges in the US related to drug trafficking, murder, and operating a criminal enterprise spanning multiple countries.

FBI Director Kash Patel confirmed the arrest in a post on X, crediting cooperation with Mexican authorities for locating Wedding after more than a decade on the run.

UPDATE: After landing in LA today to transfer Top Ten Most Wanted Fugitive Ryan Wedding, our FBI/DOJ teams are now landing in Charlotte, NC to transfer another – Alejandro Castillo – the Top Ten Most Wanted Fugitive arrested one week ago today in Mexico.

Castillo’s quick return… pic.twitter.com/wsrS3eWa2k

— FBI Director Kash Patel (@FBIDirectorKash) January 23, 2026

Investigators allege that Wedding played a senior role in cocaine distribution networks tied to Mexico’s Sinaloa Cartel, overseeing shipments from Colombia into the United States and Canada.

According to US officials, the operation generated more than $1 billion annually in illegal proceeds at its peak.

The US Treasury Department’s Office of Foreign Assets Control sanctioned Wedding in November, accusing his organization of using cryptocurrency to move and launder drug profits.

In its notice, the Treasury said digital assets were used to obscure the flow of funds and conceal large sums derived from narcotics trafficking.

Mexico’s Security Secretary Omar García Harfuch said Wedding voluntarily surrendered at the U.S. Embassy before being handed over to the FBI.

Patel later told reporters that Wedding had been hiding in Mexico for over 10 years and was believed to be under cartel protection.

Wedding arrived Friday at Ontario International Airport in Southern California, where federal officials held a press conference following his transfer.

Authorities said they seized firearms, luxury vehicles, artwork, and other assets connected to the alleged criminal enterprise, and indicated further arrests may follow as the investigation continues.

Ryan Wedding’s Earlier Cocaine Case Predates Latest US Charges

This is not Wedding’s first encounter with US law enforcement. In 2008, he was arrested in California in a cocaine trafficking sting involving a Vancouver-based operation.

He was convicted in 2009 and sentenced to four years in prison, before being released around 2011.

The arrest comes as crypto-related crime remains a growing concern. According to Chainalysis, illicit cryptocurrency addresses received a record $154 billion in 2025, a sharp increase from the year before.

In another case, US prosecutors have charged a 23-year-old Brooklyn resident, Ronald Spektor, with stealing roughly $16 million in cryptocurrency from around 100 Coinbase users through an alleged phishing and social engineering scheme.


Follow us on Google News

Read More
Margarete Fetzer

Latest

Interview: August Burns Red’s Jake Luhrs Talks New Album & Oz Tour

Photo by Sergio Martin ©Spotlight Report AUGUST BURNS RED needs no introduction. Releasing Season of Surrender, their tenth and most vital record to date, iconic frontman, JAKE LUHRS, spoke to...

Roiea – No Worry

No Worry: The Latest Single from Nigerian & Freeme Digital LTD Signed Artist, Roiea Nigerian & Freeme Digital LTD signed artist, singer-songwriter and performer, Roiea, is back with a fresh new track titled "No Worry". This exciting release marks another milestone in the artist’s growing career and...

Trump envoys head to Switzerland for potential Iran talks

White House envoy Steve Witkoff is on his way to Switzerland, where the first round of talks with Iran on a potential nuclear deal is expected to take place, a U.S. official told Axios.The U.S. official said Trump's envoy Jared Kushner is already in Switzerland. Why it matters: The talks were supposed to start on

Josep Garcia claims fastest Akrapovic Super Test time at FIM EnduroGP of Portugal II

The Paulo Duarte FIM EnduroGP World Championship returned to action in Fafe, Portugal, for round five with Friday’s action-packed Akrapovic Super Test. With FIM EnduroGP staying in Fafe for round five, GP of Portugal II, the Akrapovic Super Test delivered another thrilling night of racing. This time the course was run in [...] The post

Newsletter

Don't miss

Interview: August Burns Red’s Jake Luhrs Talks New Album & Oz Tour

Photo by Sergio Martin ©Spotlight Report AUGUST BURNS RED needs no introduction. Releasing Season of Surrender, their tenth and most vital record to date, iconic frontman, JAKE LUHRS, spoke to...

Roiea – No Worry

No Worry: The Latest Single from Nigerian & Freeme Digital LTD Signed Artist, Roiea Nigerian & Freeme Digital LTD signed artist, singer-songwriter and performer, Roiea, is back with a fresh new track titled "No Worry". This exciting release marks another milestone in the artist’s growing career and...

Trump envoys head to Switzerland for potential Iran talks

White House envoy Steve Witkoff is on his way to Switzerland, where the first round of talks with Iran on a potential nuclear deal is expected to take place, a U.S. official told Axios.The U.S. official said Trump's envoy Jared Kushner is already in Switzerland. Why it matters: The talks were supposed to start on

Josep Garcia claims fastest Akrapovic Super Test time at FIM EnduroGP of Portugal II

The Paulo Duarte FIM EnduroGP World Championship returned to action in Fafe, Portugal, for round five with Friday’s action-packed Akrapovic Super Test. With FIM EnduroGP staying in Fafe for round five, GP of Portugal II, the Akrapovic Super Test delivered another thrilling night of racing. This time the course was run in [...] The post

Winning ride for Josep Garcia on day one at FIM EnduroGP of Portugal II

Fast and frantic racing sees Red Bull KTM Factory Racing’s Josep Garcia take the day one win at round five of the Paulo Duarte FIM EnduroGP World Championship in Fafe, Portugal. Day one win for Garcia in EnduroGP Debut victory for Canada’s Shelby Turner in Expotrade Women’s Enduro Joyon wins again in [...] The post

‘Sabah is open for business’: Hajiji courts investors with promise of sustainable growth, carbon‑negative credentials

Sabah is pitching itself as an Asia-Pacific hub for impact investing, betting that its forests, biodiversity and natural resources can become drivers of economic growth as it seeks private capital for sustainable development. — Picture by Firdaus Latif By Julia Chan First Published: Monday, 13 Jul 2026 11:44 AM MYT KOTA KINABALU, July 13 —

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...