US law enforcement seizes over $10 million in cryptocurrency from Sinaloa drug cartel

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According to Cointelegraph, Foresight News reports that the Drug Enforcement Administration (DEA) and the Federal Bureau of Investigation (FBI) seized over $10 million in cryptocurrency related to the Sinaloa drug cartel during a joint operation in Miami, Florida. This seizure is part of a nationwide effort to combat drug trafficking in the United States. DEA Acting Administrator Robert Murphy stated that they are gradually dismantling these criminal networks. The Sinaloa drug cartel is one of six Mexican "terrorist" drug organizations identified by the U.S. government, primarily involved in the distribution of cocaine, heroin, and methamphetamine.

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