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Coinbase and Chainalysis Tackle Fentanyl Trafficking with Crypto Intelligence
Coinbase, in collaboration with Chainalysis, initiates a strategic operation to disrupt fentanyl trafficking through cryptocurrency, showcasing proactive risk management and law enforcement collaboration.
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Cryptocurrency's Role in Fentanyl Trafficking and Countermeasures
Cryptocurrency is increasingly used in fentanyl trafficking, with blockchain intelligence offering critical tools to combat this global issue, according to Chainalysis.
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U.S. Sanctions Iran-Based Administrator for Darknet Marketplace Fentanyl Sales
The U.S. Treasury's OFAC has sanctioned an Iran-based darknet marketplace administrator for facilitating global fentanyl sales, highlighting the extensive use of cryptocurrencies in illegal drug trades.