In brief
- Individuals and entities tied to the trafficking of fentanyl were added to the OFAC sanctions list.
- Some members allegedly turned cash into crypto before sending it to the Sinaloa Cartel.
- Six Ethereum addresses connected to the individuals were also added to the sanctions list.
The U.S. Treasury added individuals and entities from two separate networks tied to the Sinaloa Cartel and its crypto-facilitated fentanyl trafficking operations, it announced on Wednesday.
The sanctions stem from a coordinated effort led by the Homeland Security Task Force (HSTF) with help from the Drug Enforcement Agency (DEA).
“As President Trump has made clear, this administration will not allow narco-terrorists to flood our borders with…
