US Treasury Sanctions Sinaloa Cartel Over Crypto-Fueled Fentanyl Trafficking
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The US Treasury is sanctioning members linked to the Sinaloa Cartel, who allegedly convert cash from drug proceeds into cryptocurrency, fueling fentanyl trafficking. The sanctions target individuals and entities involved in this illicit activity, aiming to disrupt their operations.
Members linked to the Sinaloa Cartel responsible for turning cash from drug proceeds into crypto were added to the sanctions list.