Sep 26, 6:47 pm
Decrypt
Ethereum Wallet Tied to Mexican Drug Trade Sanctioned by US
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has added 10 individuals, including one with an Ethereum wallet, to its sanctions list for their involvement in illegal narcotics trading. The listed Ethereum address belongs to Mario Alberto Jimenez Castro, a Mexican man associated with the Sinaloa cartel. The wallet has facilitated transfers in stablecoins worth tens of thousands of dollars, with transaction history involving Coinbase and Binance. Interacting with blacklisted addresses can lead to legal consequences for crypto exchanges.
https://decrypt.co/news-explorer?pinned=321586&title=ethereum-wallet-tied-to-mexican-drug-trade-sanctioned-by-us
