U.S. Sanctions Target Sinaloa Cartel's Money Laundering Networks

The Treasury Department freezes assets of six individuals and seven entities linked to the cartel, following its designation as a Foreign Terrorist Organization.

• The U.S. Treasury sanctioned six individuals and seven entities tied to the Sinaloa Cartel for alleged money laundering operations.
• These sanctions freeze U.S.-based assets of those designated and prohibit financial transactions with them.
• The targeted individuals and entities used front companies and shell corporations, including currency exchange businesses, to launder drug proceeds.
• This action follows the Trump administration's recent designation of the Sinaloa Cartel as a Foreign Terrorist Organization, enabling expanded legal tools to combat its operations.
• The Sinaloa Cartel is a major trafficker of fentanyl into the U.S. and is linked to significant violence, including murder, kidnapping, and intimidation.

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