The U.S. Justice Department has launched efforts to disrupt the financial networks supporting Mexico’s most violent drug cartels. Prosecutors are focusing on money brokers who have shifted to using cryptocurrency to move drug profits from American cities to cartel organizations.
By targeting these digital transactions, authorities aim to undermine the cartels’ ability to launder money and sustain their operations. This approach reflects an adaptation to the cartels’ evolving tactics in response to increased law enforcement scrutiny.
**Why this matters**
Cutting off financial resources is a critical strategy in combating drug trafficking organizations. As cartels increasingly use cryptocurrencies to evade detection, addressing these digital money flows is essential to weakening their influence and reducing drug-related violence.
Source: NewsData