🚨 The US Department of Justice (DOJ) targeted Chinese businesses and their employees, according to authorities, who stated that there was a network based on cryptocurrency payments linked to the production and trafficking of fentanyl. Additionally, the US Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Chinese nationals and identified 16 crypto wallets.
🔍 “We have identified and blocked dozens of virtual wallets associated with these actors,” said Deputy Treasury Secretary Wally Adeyemo. "The blocked wallets received funds worth millions of dollars in hundreds of deposits, demonstrating the scope and scale of the operation targeted today."
🔗 The connection between cryptocurrency and fentanyl trading has attracted intense attention, including from Sen. Elizabeth Warren (D-Mass.), who has called for new laws to shut down the digital payments pipeline.
🗣️ What do you think about the use of cryptocurrencies in such events? Share your comments with us!#crypto#fentanyl
🔍 “We have identified and blocked dozens of virtual wallets associated with these actors,” said Deputy Treasury Secretary Wally Adeyemo. "The blocked wallets received funds worth millions of dollars in hundreds of deposits, demonstrating the scope and scale of the operation targeted today."
🔗 The connection between cryptocurrency and fentanyl trading has attracted intense attention, including from Sen. Elizabeth Warren (D-Mass.), who has called for new laws to shut down the digital payments pipeline.
🗣️ What do you think about the use of cryptocurrencies in such events? Share your comments with us!#crypto#fentanyl