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DEA, FBI bust Sinaloa cartel, confiscate $10M in cryptocurrency

cryptoweekly by cryptoweekly
July 16, 2025
in bitcoin, News
0

US authorities confiscated massive drug quantities and dismantled meth labs nationwide while pursuing crypto-linked cartel operatives.

The Drug Enforcement Administration (DEA), working alongside the FBI, has seized over $10 million in cryptocurrency linked to the infamous Sinaloa cartel during operations in Miami, Florida.

The seizure came as part of an extensive nationwide crackdown that has led to the confiscation of 44 million fentanyl pills, 4,500 pounds of fentanyl powder, nearly 65,000 pounds of methamphetamine, and more than 201,500 pounds of cocaine since January 2025, according to the US Department of Justice.

“DEA is hitting the cartels where it hurts — with arrests, with seizures, and with relentless pressure,” said DEA Acting Administrator Robert Murphy. “We are dismantling these networks piece by piece — and we won’t stop until the last brick of their empire falls.”

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  • SUI’s next ‘altcoin season’ stop could be $5: Here’s why
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  • U.S. House officially approves CLARITY, GENIUS, and Anti-CBDC Acts
  • Bitcoin smack dab in the middle of its adoption curve: Fidelity analyst
  • US House passes market structure bill as crypto week continues
  • Semler Scientific adds $25M in Bitcoin, but stock slides 22% YTD
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