Federal Agents Possibly Disrupt Sinaloa Cartel’s Money Laundering With $10 Million Crypto Seizure
2025-07-16 13:33:11
Main Idea
Federal agents seized $10 million in cryptocurrency linked to the Sinaloa cartel, disrupting its money laundering operations as part of a broader 2025 crackdown on drug trafficking.
Key Points
1. A joint DEA and FBI operation in Miami seized over $10 million in cryptocurrency connected to the Sinaloa cartel in early July 2025.
2. The broader 2025 crackdown has also resulted in the seizure of nearly 65,000 pounds of methamphetamine and over 201,500 pounds of cocaine since January 2025.
3. DEA Acting Administrator Robert Murphy highlighted the agency's comprehensive approach to disrupting cartel operations and saving lives.
4. The US Secret Service has seized nearly $400 million in crypto assets over the past decade, emphasizing the growing role of digital currency oversight in combating financial crimes.
5. Technological advances are improving the ability to track and disrupt complex cryptocurrency laundering schemes.
Description
Federal agents have successfully seized over $10 million in cryptocurrency linked to the Sinaloa cartel, disrupting a major money-laundering operation. This July 2025 crackdown forms part of a wider federal
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