Cambodia
TokenPost
$7 Million in Cryptocurrency Seized in Bust of Sinaloa Money-Laundering Network
- Authorities seized about $7 million in cryptocurrency tied to a Sinaloa Cartel-linked laundering operation in Cambodia.
- More than 200 kg of narcotics and over 1 metric ton of precursor chemicals were also confiscated.
- Cambodian police and the U.S. Drug Enforcement Administration raided sites in Phnom Penh and nearby Kandal Province, uncovering labs and storage facilities and arresting several suspects.