The wallet is tied to a money laundering operation that transfers proceeds from fentanyl sales to Sinaloa cartel leaders in Mexico, officials said.
The U.S. Treasury's Office of Foreign Assets Control has sanctioned an Ethereum wallet tied to Jimenez Castro, a Mexican male with ties to the Sinaloa cartel.
Castro is one of 10 names listed on OFAC's sanctions list as a part of a counter narcotics operation, according to aThe wallet in question was first active in January or this year and received around $740,000 in deposits to Binance in a two month period, data from
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sinaloa cartel wife sentenced to prison in El Chapo-linked money laundering schemeValerie Gaytan and Vivianna Lopez proudly branded themselves as the 'Wives of the Cartel,' in both print and on TV.
Read more »
Vitalik wallet sends 400 ETH worth $600K to CoinbaseBlockchain analytics highlights a number of ETH transfers from wallets linked to Ethereum co-founder Vitalik Buterin, totalling $3.9M over past 10 days.
Read more »
Chainlink Addresses Controversial Multisig Wallet Signer ChangesChainlink under scrutiny for altering multisig wallet, reducing required signatures from 4 out of 9 to 4 out of 8.
Read more »
Polygon Labs Pitches Plan to Streamline Celo's Move to Ethereum Layer 2 Using CDKPolygon Labs' Sandeep Nailwal suggested Celo could consider the deployment using Polygon CDK.
Read more »
Google Cloud Expands BigQuery with 11 New Blockchains, Including Ethereum's Görli TestnetGoogle's BigQuery is poised to grant users access to a diverse range of data from 11 prominent blockchain networks.
Read more »