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coinpedia 2023-09-27 08:52:05

U.S. Treasury Strikes Blow Against Sinaloa Cartel’s Ethereum-Based Money Laundering

The post U.S. Treasury Strikes Blow Against Sinaloa Cartel’s Ethereum-Based Money Laundering appeared first on Coinpedia Fintech News The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a critical operative of Mexico’s notorious Sinaloa Cartel. The targeted individual, identified as Jimenez Castro, has allegedly been utilizing an Ethereum wallet to facilitate money transfers associated with the smuggling of fentanyl into the United States. In a statement released …

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