The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a stark warning to US financial firms, warning them about the increasing use of crypto by Mexican drug cartels to purchase chemicals used to manufacture fentanyl. In an updated advisory released on June 20, FinCEN specifically cited the use of Bitcoin (BTC), Ethereum (ETH), […]
The post FinCEN says illicit use of crypto by criminals creates new ‘opportunities’ for detection appeared first on CryptoSlate.
Originally appeared here:
FinCEN says illicit use of crypto by criminals creates new ‘opportunities’ for detection