US Treasury sanctions Sinaloa Cartel-linked cash-to-crypto network
The US Treasury has sanctioned a cash-to-crypto network linked to the Sinaloa Cartel. This network was involved in laundering fentanyl proceeds through digital assets, utilizing ATMs and shell companies in Mexico. The sanctions include blacklisting individuals, entities, and specific cryptocurrency addresses associated with these operations.
- ▪The Office of Foreign Assets Control blacklisted over a dozen individuals and entities connected to the Sinaloa Cartel.
- ▪The cartel was converting bulk cash from fentanyl sales into cryptocurrency using a network of ATMs and exchanges.
- ▪Specific Ethereum addresses and crypto wallets tied to cartel operations were also blacklisted.
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US Treasury sanctions Sinaloa Cartel-linked cash-to-crypto network OFAC blacklists over a dozen individuals and entities for converting fentanyl cash proceeds into digital assets using ATMs, exchanges, and corporate fronts in Mexico. Share Add us on Google by Editorial Team May. 21, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The US Treasury just made it significantly harder for one of the world’s most notorious drug cartels to…
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