US Treasury Sanctions Ethereum Wallet Linked to Cartel for ‘Illicit Fentanyl Trafficking’

The Office of Foreign Assets Control (OFAC) under the U.S. Department of the Treasury has placed a cryptocurrency wallet linked to a significant international crime organization on its Specially Designated Nationals list.

In a September 26 announcement, the U.S. Treasury indicated that it had imposed sanctions on 10 individuals, many of whom have connections to the Sinaloa Cartel. Among those sanctioned was Mexican national Mario Alberto Jimenez Castro, identified through a specific wallet.