U.S. Law Enforcement Seizes Over $10 Million in Cryptocurrency from Sinaloa Cartel

In a joint operation in Miami, Florida, the U.S. Drug Enforcement Administration (DEA) and the Federal Bureau of Investigation (FBI) seized over $10000000 in cryptocurrency linked to the Sinaloa Cartel, a Mexican drug trafficking organization. The seizure is part of a nationwide U.S. effort to combat drug trafficking. DEA Acting Administrator Robert Murphy stated that they are gradually dismantling these criminal networks. The Sinaloa Cartel is one of six Mexican "terrorist" drug trafficking organizations identified by the U.S. government, primarily engaged in the distribution of drugs such as cocaine, heroin, and methamphetamine. (Cointelegraph) [Odaily Planet Daily]