The DEA and FBI seize over $10 million in cryptocurrency linked to the Sinaloa cartel in Miami, part of a nationwide crackdown resulting in the confiscation of large quantities of drugs since January 2025. The Sinaloa cartel is labeled as a global “terrorist” group by the US government, primarily distributing various drugs.

Nationwide raids by the DEA lead to successful drug seizures across the US, including large amounts of fentanyl, methamphetamine, and meth labs dismantled. The operations coincide with legal battles against cartel figures, such as Ovidio Guzman Lopez, son of “El Chapo,” who recently pleaded guilty to drug charges.

Illicit cryptocurrency flowing through crosschain swaps reaches an estimated $21.8 billion in 2025, up from $7 billion in 2023, with North Korean actors accounting for 12% of transactions. Criminals use multiple blockchains to obscure fund origins, making crosschain swaps a key tactic in large-scale laundering efforts.

Read more at Cointelegraph: DEA, FBI Seize $10M in Crypto Linked to Sinaloa Cartel in Miami Raid