$10 Million in Crypto Linked to Sinaloa Cartel Confiscated in Miami Raid

Key Points

1. Over $10 million in cryptocurrency tied to the Sinaloa cartel was confiscated in a Miami raid by the DEA and FBI.

2. The operation is part of a nationwide investigation that began in January 2025, resulting in the seizure of large quantities of drugs including fentanyl, methamphetamine, and cocaine.

3. Authorities have removed 44 million fentanyl pills, 4,500 pounds of fentanyl powder, nearly 65,000 pounds of methamphetamine, and over 201,500 pounds of cocaine from circulation.

4. The US Secret Service's Global Investigative Operations Center (GIOC) has recovered nearly $400 million in cryptocurrency over the past decade.