Cartier heir gets 8 years for $470M drug money crypto scheme
Maximilien de Hoop Cartier, a descendant of the Cartier jewelry family, was sentenced to eight years in prison for operating an unlicensed cryptocurrency exchange that laundered over $470 million in drug trafficking proceeds. He pleaded guilty to running a money-transmitting business without a license and conspiracy to commit bank fraud, using shell companies to disguise the illicit transactions. Cartier, who also performs as a singer under the name 'Max Cartier,' was ordered to forfeit millions and several bank accounts tied to the scheme.
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US News Cartier heir gets 8 years for $470M drug money crypto scheme By Daniel Cody Published April 30, 2026, 1:22 a.m. ET Talk about some dirty diamonds. A descendant of the Cartier jewelry dynasty was sentenced to eight years in federal prison after confessing to running an unlicensed cryptocurrency exchange that laundered more than $470 million in drug trafficking proceeds. Maximilien de Hoop Cartier, a resident of France who moonlights as a singer under the name “Max Cartier,” was sentenced in Manhattan federal court Tuesday after pleading guilty in October to operating an unlicensed money-transmitting business and conspiracy to commit bank fraud. 3 Maximilien de Hoop Cartier was sentenced to 8 years in prison for laundering $470M via an illegal crypto exchange.
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