US EditionDEA and FBI Seize $10 Million in Sinaloa Cartel Crypto as Drug Seizures Surge
MIAMI, FLORIDA, JUL 16 – The Drug Enforcement Administration and FBI disrupted the Sinaloa cartel’s operations by seizing $10 million in cryptocurrency and large quantities of fentanyl and methamphetamine, officials said.
- During coordinated raids in Miami, DEA and FBI officials confiscated over $10 million worth of cryptocurrency connected to the Sinaloa cartel as part of a larger nationwide operation targeting drug trafficking.
- These raids followed ongoing operations targeting the cartel’s extensive trafficking and laundering network active since January across multiple U.S. states.
- The operations unfolded coast to coast, including California, Texas, Georgia, and Florida, and involved seizures of millions of fentanyl pills and thousands of pounds of methamphetamine hidden in produce shipments.
- DEA Acting Administrator Robert Murphy highlighted the agency’s focused efforts to weaken the cartels through continuous arrests, asset seizures, and sustained enforcement pressure.
- These seizures aim to disrupt the Sinaloa cartel’s drug distribution and money laundering operations nationwide and represent a significant blow to the cartel’s financial networks.
30 Articles
30 Articles
U.S. drug raids net $10 million in crypto linked to notorious Mexican Sinaloa cartel, officials say
U.S. drug enforcement agents seized more than $10 million in cryptocurrency linked to Mexico's Sinaloa cartel during raids that also netted massive quantities of fentanyl and other drugs, officials say.
The Chapitos are getting deeper and deeper into the virtual world. On Tuesday, July 15, the U.S. Attorney General’s Office and the Drug Enforcement Agency (DEA) announced the confiscation of $10 million in cryptocurrencies to the Sinaloa Cartel. Robert Murphy, interim director of the Drug Control Administration, and U.S. prosecutor Pamela Bondi presented the advances of Operation Take Back America, which has the mission of dismantling Mexican ca…
During the announcement of the insurance, Attorney General Pamela Bondi was present.
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