From Olympic Glory to International Fugitive
Ryan Wedding, a 43-year-old former Canadian Olympic snowboarder, has become the central figure in a shocking international scandal. The athlete turned alleged criminal mastermind is currently a fugitive, facing serious charges for running what authorities describe as a multi-billion-dollar transnational drug trafficking operation.
The FBI's Case Against Wedding
During a news conference at FBI offices in Los Angeles on Thursday, October 17, 2024, federal investigators revealed disturbing details about Wedding's alleged criminal network. Displayed prominently during the briefing were images of the former Olympian alongside bricks of cocaine seized during the investigation.
Authorities allege that Wedding participated in and operated a sophisticated drug trafficking organization that spanned multiple countries. The most innovative aspect of the operation, according to investigators, was the sophisticated use of cryptocurrency to launder massive profits generated by the illicit drug enterprise.
Crypto Laundering: The Modern Criminal's Tool
Law enforcement officials emphasized that Wedding's case represents a growing trend among international criminal organizations. By leveraging cryptocurrency's perceived anonymity and cross-border nature, these groups can move and conceal enormous sums of money with relative ease compared to traditional banking systems.
The FBI's investigation suggests that Wedding's organization used multiple cryptocurrency platforms and sophisticated transaction methods to obscure the origin of drug proceeds. This digital money laundering technique has become increasingly popular among transnational criminal enterprises seeking to evade detection by financial regulatory systems.
Despite the technological sophistication of the alleged operation, authorities remain confident that they can trace these cryptocurrency transactions. International law enforcement cooperation has become crucial in combating such financially sophisticated criminal networks.
Ongoing Manhunt and Legal Proceedings
As of the latest updates in November 2025, Ryan Wedding remains at large, with international warrants issued for his arrest. The charges against him include multiple counts related to drug trafficking, money laundering, and operating a continuing criminal enterprise.
The case has drawn significant attention not only because of the substantial scale of the alleged criminal operation but also because of Wedding's dramatic fall from Olympic athlete to international fugitive. His story serves as a stark reminder of how cryptocurrency's legitimate financial innovation can be co-opted for criminal purposes.
Authorities continue to urge anyone with information about Wedding's whereabouts to come forward as the international manhunt intensifies. The case represents one of the most significant examples of cryptocurrency being used to facilitate large-scale international drug trafficking operations.