Overview
- The Instituto para Devolver al Pueblo lo Robado (INDEP) held a public sale of 62 seized motorcycles on Nov. 11–12 in Mexico City, with several lots selling for millions of pesos and some lots remaining unsold.
- INDEP has declared that 100% of the auction proceeds will be sent to the Fondo del Gabinete Social to fund infrastructure works, direct supports, payments to Pasta de Conchos widows, and programs for indigenous communities.
- Auction receipts showed mixed outcomes that diverge from earlier estimates: a Ducati Desmosedici GP7 sold for 4.5 million pesos, an anonymous buyer paid 15.52 million pesos for seven Ducatis, a U.S. firm bought nine units for over 17 million pesos, and several lots were desiertos.
- The motorcycles were seized in federal raids on Dec. 24, 2025 that also recovered weapons, drugs, art and two Olympic medals tied to Ryan James Wedding, who was captured in January 2026 and remains in U.S. custody on charges alleging he led a transnational cocaine ring.
- Investigators say Wedding’s network used luxury purchases, fragmented fiat and crypto transfers and encrypted messaging to launder money, and U.S. prosecutors have alleged related misconduct including an alleged $2 million payment to a Mexican federal judge, leaving valuation and transparency questions for ongoing cross‑border probes.