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via Cointelegraph · By Cointelegraph Staff

US Sanctions Sinaloa Cartel-Linked Ethereum Addresses

ETH

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Ethereum
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$1,668.75

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Resistance 1$1,678.59
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CS
Cointelegraph Staff
(01:23 PM UTC)
1 min read
JM
Updated byJames Mitchell
1308 views
0 comments

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six Ethereum addresses tied to a Sinaloa Cartel-linked money laundering network that allegedly converted drug proceeds into cryptocurrency.

OFAC added the addresses to its Specially Designated Nationals list (a US sanctions list of people, entities and assets subject to blocking restrictions) on Wednesday as…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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