OFAC don sanction Sinaloa cartel crypto moni-wash network wey join fentanyl

US Treasury OFAC don sanction people and entities wey dem connect to Sinaloa Cartel, talk say dem dey use crypto networks do money laundering wey join fentanyl and other drug trafficking. The updated case tok how the network convert US drug money to crypto and send profit back go Mexico using blockchain crypto addresses, cash pickups and middlemen. New details add leadership claims and convictions wey join the laundering operation. Treasury talk say Jesus Gonzalez Penuelas lead the drug trafficking network for US, while Armando de Jesus Ojeda Aviles become main launderer for Los Chapitos after dem kill Mario Alberto Jimenez Castro. Rodrigo Alarcon Palomares been indicted for Colorado for April 2024 and later convicted on counts wey involve laundering drug proceeds through cryptocurrency; report still mention say weapons and ammunition dem find for him arrest October 2023. OFAC also name more associates, including Jesus Alonso Aispuro Felix and many Romero family members, dem describe as money brokers, security advisors and "front" people. Treasury say the designations block assets for the listed parties and for entities wey they own 50% or more. For crypto traders, main lesson na say regulator pressure on crypto money laundering channels wey linked to high-volume drug flows still dey. Even though this one no be token-specific announcement, e fit make exchanges, custodians and on-chain services tighten compliance-driven risk controls.