US Federal Agencies Adapting to Crypto Use in Drug Trafficking

  • Cartels are increasingly using cryptocurrency due to its ability to conceal transactions; officials name the Sinaloa Cartel as major proponents.
  • Federal agents are investing in technology to keep up with the cartels’ use of crypto for money laundering.
  • Understanding of blockchain analysis could assist in identifying multi-agency maneuvers of cartel operations, leading to potential collapses.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications