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