The U.S. DOJ cracked down on several China-based companies for distributing fentany, noting that crypto was used to conceal funds.
Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank ChaparroThe Justice Department said China-based companies and their employees were involved in the production of fentanyl and methamphetamine, distributing synthetic opioids and sales “resulting from precursor chemicals,” in aLearn more about Access Protocol
The Justice Department said China-based companies and their employees were involved in the production of fentanyl and methamphetamine, distributing synthetic opioids and resulting in sales"from precursor chemicals,” in a “We know that the global fentanyl supply chain, which ends with the deaths of Americans, often starts with chemical companies in China,” said Attorney General Merrick B. Garland, in a statement. “The United States government is focused on breaking apart every link in that chain, getting fentanyl out of our communities, and bringing those who put it there to justice.”
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