US Treasury Sanctions Sinaloa Cartel Associates Over Crypto Money Laundering

💰 The U.S. Treasury's OFAC has sanctioned individuals and entities linked to the Sinaloa Cartel for laundering drug trafficking proceeds through cryptocurrency networks.

🔍 A multi-year investigation revealed that Jesus Gonzalez Penuelas and Armando de Jesus Ojeda Aviles lead the laundering operations, with ties to the cartel's violent activities.

🚨 The sanctions aim to protect American communities, with Treasury Secretary Scott Bessent emphasizing the administration's commitment to combatting narco-terrorism and drug-related violence.