Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
U.S. Treasury: Mexican Criminal Organizations Use BTC, ETH, USDT and Other Tokens for Drug Deals

U.S. Treasury: Mexican Criminal Organizations Use BTC, ETH, USDT and Other Tokens for Drug Deals

Bitget2024/06/20 22:02

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) noted in an advisory report on Thursday that criminal organizations in Mexico have been using several popular digital assets to purchase the raw materials needed to manufacture the fentanyl drug, mentioning four tokens - BTC, ETH, USDT, and Monroe. The report aims to alert U.S. financial companies to the network of criminal organizations that produce this dangerous narcotic. Payments usually end up in the Chinese supplier's escrow wallet at the cryptocurrency company, sometimes through a secondary money transfer agency, according to the report.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!