US Treasury Takes Action Against Cryptocurrency Wallets Linked to Illegal Fentanyl Trade in China

US Treasury Takes Action Against Cryptocurrency Wallets Linked to Illegal Fentanyl Trade in China

The US Treasury’s OFAC has blacklisted cryptocurrency wallets linked to illegal fentanyl trade in China, involving $3.8 million across Bitcoin, Ethereum, and Tron networks. Key Points: The Office of Foreign Assets Control (OFAC) of the United States Treasury has blacklisted a number of cryptocurrency wallets linked to the illicit fentanyl trade, primarily based out of…

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