- 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.