The U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on October 3, 2023. The sanctions targeted several individuals and companies involved in the manufacturing and distribution of dangerous drugs, including fentanyl and precursor chemicals. Notably, these sanctions also extended to cryptocurrency addresses associated with the sanctioned entities. Blockchain analytics firm Chainalysis published a The post U.S. Sanctions Highlight Crypto’s Role in Drug Trafficking Network appeared first on Coin Edition .
