US Sanctions Sinaloa Cartel-Linked Ethereum Addresses

US Sanctions Sinaloa Cartel-Linked Ethereum Addresses Authored by Zoltan Vardai via CoinTelegraph.com, 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 restrictio...

By Tyler Durden