U.S. DOJ indicts eight Chinese firms for using crypto in fentanyl trade
The U.S. Department of Justice (DOJ) has unveiled eight indictments against Chinese companies and their employees involved in making and distributing potent synthetic opioid fentanyl . According to the justice department, these companies may have used cryptocurrency, along with other payment methods, to conceal their identities and financial transactions. Justice Department Announces Eight Indictments Against China-Based Chemical Manufacturing Companies and Employeeshttps://t.co/f37okHaa6z — Justice Department (@TheJusticeDept) October 3, 2023 Two individuals, Qingsong Li and Chunhui Chen, linked to Hebei Shenghao Import and Export Company, were found to hold wallets used for remittances related to precursor chemicals. Another individual, Wei Zhang, associated with Hubei Guanlang Biotechnology Company, allegedly operated a crypto wallet facilitating transactions for fentanyl precursors and opioid additives. You might also like: Bitcoin and tether accepted by Chine...