News with the tag "cartels"

Drug cartels in Mexico used Bitcoin (BTC), Ethereum (ETH) and other top crypto assets to purchase key ingredients for making the lethal synthetic opioid fentanyl, according to a new report from a US regulator. The Financial Crimes Enforcement Network (FinCEN) says cartels purchase fentanyl precursor...

Elliptic, a blockchain analytics company, has exposed a network of 100 individual suppliers utilizing various cryptocurrencies, including Bitcoin, Ethereum, Tron, and Monero, to conduct illegal payments. These individuals have been aiding the illegal fentanyl trade by smuggling the precursor chemica...

The Department of Homeland Security is working hard to bring down the activities of drug cartels that are either entering or doing business in the U.S. To do this, it’s striving to track all the crypto and bitcoin cartels use to engage in transactions. Cartels May Be Using Bitcoin Such cartels are t...