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US sanctions Sinaloa cartel-linked Ethereum addresses

Cointelegraph.com News·
US sanctions Sinaloa cartel-linked Ethereum addresses
AI Analysis

The U.S. Treasury's OFAC has sanctioned six Ethereum addresses associated with a money laundering network linked to the Sinaloa Cartel, which is reportedly converting drug proceeds into cryptocurrency. This move highlights ongoing regulatory scrutiny in the crypto space regarding illicit activities.

Key Topics

EthereumSinaloa CartelOFAC

Originally reported by Cointelegraph.com News. Read the full article ↗

US sanctions Sinaloa cartel-linked Ethereum addresses | AI Crypto Daily Wire