#sinaloa-cartel News & Analysis

OFAC Sanctions Sinaloa Cartel Fentanyl Trafficking and Crypto Laundering Network

The U.S. Treasury Department's OFAC sanctioned more than a dozen individuals and entities involved in a Sinaloa Cartel network that used cryptocurrency to launder proceeds from fentanyl trafficking. This action demonstrates increased regulatory coordination in targeting illicit crypto usage and reinforces government commitment to disrupting drug trafficking financing through blockchain monitoring.