Question 1

Who is José Manuel Ríos Guaidó?

Accepted Answer

Ríos Guaidó is a 38-year-old Venezuelan mechanical engineer who founded the Chilean cryptocurrency platform Plusspay. He is currently a fugitive after Chilean prosecutors issued an arrest warrant linking his company to Tren de Aragua money laundering, and investigators believe he may have fled to Venezuela or Colombia.

Question 2

What is Plusspay and how did it allegedly launder money?

Accepted Answer

Plusspay was a Santiago-based fintech that converted Chilean peso deposits into stablecoins like USDT and USDC, then routed funds to wallets or bank accounts abroad. Prosecutors allege it was part of a shell-company network that channeled over $84 million in suspicious funds through Chile's banking system on behalf of the Tren de Aragua criminal organization.

Question 3

Was Plusspay regulated by Chile's CMF?

Accepted Answer

Plusspay was inscribed in the CMF's fintech registry in January 2024 and publicly claimed to operate under CMF supervision, but the regulator clarified on June 12 that registration alone does not constitute authorization to provide financial services.

CLP

Chile pulls Plusspay license over money laundering, Tren de Aragua ties

Founder of Chilean Plusspay exchange wanted for laundering Tren de Aragua funds

One sharp brief.
Every day.

CLP

Chile pulls Plusspay license over money laundering, Tren de Aragua ties

Founder of Chilean Plusspay exchange wanted for laundering Tren de Aragua funds

One sharp brief.Every day.

One sharp brief.
Every day.