OFAC sanctioned the Ethereum (ETH) wallet of a member of the international criminal network Sinaloa cartel, who was found to use cryptocurrency for drug trafficking.
Office of Foreign Assets Control (OFAC) of the US Department of the Treasury El Chapo drug cartel Sinaloa linked with Added Ethereum wallet to the sanctions list. by OFAC 26 September In the statement made on the day of the cartel-related running a person’s drug trade and to facilitate money transfers Uses Ethereum wallet specified.
Mexican citizen at the center of the accusations Jimenez Castro The person named does not make money transfers only with his Ethereum wallet and Bank transfer, cash payment It was also emphasized that he preferred methods such as: According to the documents put forward, Castro, the US private mediates drug sales And part of a money laundering organization He was acting as.
In line with the decision taken, Castro All assets in the US were frozen And Banned from doing business with US citizens.
Ministry, Sinaloa Cartel Los Chapitos faction illegally brought into the USA fentanyl and other deadly drugs, he said.
In the statement made by OFAC, this step an important operation against criminal organizations It was stated that it was part of:
Jimenez Castro took orders directly from the “Chapitos” network and operated a money laundering organization that used methods such as wire transfers and cryptocurrency wallets to transfer proceeds from fentanyl sales in the United States to Sinaloa Cartel leaders in Mexico. The actions taken today demonstrate that Treasury and the Administration will continue to relentlessly target criminal organizations that threaten international security and flood our communities with fentanyl and other deadly drugs.