Fentanyl Network Funded Through Cryptocurrency Is Sanctioned by US

Photographer: Thomas Simonetti/Bloomberg
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The US Treasury Department said it imposed sanctions on a trafficking network led by two Dutch nationals and one Briton for allegedly supplying fentanyl and other synthetic drugs to buyers through the Internet.

Wednesday’s move marked the first time Treasury imposed sanctions under a new authority that President Joe Biden granted in an executive order last year. It allowed Treasury to impose financial restrictions on anyone linked to “the international proliferation of illicit drugs or their means of production.”