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DEA Seizes $10 Million in Cryptocurrency Linked to Sinaloa Cartel
DEA Seizes $10 Million in Cryptocurrency Linked to Sinaloa Cartel
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BTCCSquare news:
The U.S. Drug Enforcement Administration confiscated $10 million in digital assets tied to the Sinaloa Cartel, a group designated as a Foreign Terrorist Organization. The seizure was part of Operation Take Back America, which also intercepted thousands of pounds of fentanyl, cocaine, and methamphetamines.
Authorities did not disclose the specific cryptocurrencies involved, but the action underscores law enforcement's growing capability to track illicit blockchain transactions. The cartel's use of crypto highlights the ongoing tension between privacy advocates and regulators seeking to curb financial crime.
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