U.S. Treasury Targets Crypto Wallets Tied to Illegal Fentanyl Sales from China
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The U.S. Treasury added more crypto wallets tied to illegal fentanyl trade from China.
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The wallets were across Bitcoin, Ethereum, and Tron networks and received $3.8 million in crypto.
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The wallets showed patterns of small, consistent transfers indicating fentanyl sales.
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This is the first Treasury action against Tron addresses for fentanyl sales.
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Chainalysis says crypto-based fentanyl sales worldwide are increasing.