Uncovering the Hidden Potential: How Criminals’ Misuse of Cryptocurrency is Paving the Way for Improved Detection, According to FinCEN
FinCEN warns US financial firms about increased use of crypto by Mexican drug cartels Overview The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a stark warning to US financial firms, cautioning them about the rising use of cryptocurrencies by Mexican drug cartels to purchase chemicals used in the manufacturing of fentanyl. In…