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United States Indicts Chinese Firms and Nationals in Crypto-Linked Fentanyl Case
The United States authorities have revealed a series of indictments against Chinese chemical companies and accused some people of facilitating global fentanyl trades using cryptocurrency payment networks. The charges, announced by the Department of Justice, are part of a broader crackdown on the financial infrastructure supporting synthetic opioid trafficking into the United States. The case from the United States highlights the growing role of crypto in enabling cross-border transactions and the possibility of bad actors using it for drug supply chains. Prosecutors are alleging that Chinese firms used digital assets ... (full story)