Treasury Announces Sanctions Against Sinaloa Cartel Money Laundering Networks
The U.S. Treasury Department sanctioned over a dozen individuals and entities linked to the Sinaloa Cartel's money laundering operations, targeting two financial networks involved in converting fentanyl proceeds into cryptocurrency. The move is part of broader efforts under President Trump’s administration to combat cartel-linked financial activity as Foreign Terrorist Organizations.
Topics: cartels cryptocurrency fentanyl trafficking money laundering national security