NewzCambodian and U.S. anti-drug authorities announced on Friday the discovery of a money laundering network operating between the two nations. Officials stated that the operation utilized cryptocurrency to process illicit funds on behalf of Mexico’s Sinaloa Cartel.
The investigation, centered in Phnom Penh, highlights the increasing use of digital assets in transnational organized crime. Meas Vyrith, secretary-general of Cambodia’s anti-drug agency, participated in the announcement alongside U.S. counterparts to confirm the dismantling of the financial link.
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