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South American cartel sanctioned for money laundering via Ethereum

Individuals and Ethereum addresses were added to a sanctions list for involvement in South American drug trafficking.

Published 12sem1 sourceNotable
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The cartel had used the Ethereum blockchain as a money laundering vector for drug trafficking proceeds.

This action underscores the vulnerability of public blockchains to criminal uses and the intensification of international regulatory oversight.

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Auto-synthesis from 1 media source · identified on May 21, 2026
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