World

U.S. sanctions logistics allies of Mexico’s Sinaloa Cartel

2022.10.19 16:16



U.S. sanctions logistics allies of Mexico’s Sinaloa Cartel

Budrigannews.com – The U.S. Treasury Department on Wednesday sanctioned individuals linked to Mexico’s powerful Sinaloa drug cartel, days after bilateral security talks aimed at cracking down on trafficking of fentanyl and other contraband.

The Treasury said Juan Francisco Valenzuela and his family-run drug organization are accused of transporting “multi-ton quantities of illicit drugs” into the United States, and operating under the aegis of the Sinaloa Cartel long run by notorious kingpin Joaquin ‘El Chapo’ Guzman.

The Treasury also sanctioned group members Hector Alfonso Araujo Peralta and Raul Rivas Chaires, alongside three Mexico-based transportation firms accused of facilitating their activity.

It said all individuals named were currently fugitives from U.S. federal drug trafficking indictments.

“The Valenzuela drug trafficking organization fuels the ongoing drug epidemic we face in the United States which has resulted in the deaths of tens of thousands of Americans annually,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence, Brian E. Nelson.

“Starving this network of resources will help deprive the Sinaloa Cartel of critical support it needs.”

Stamping out the drug trade was high on the agenda at last week’s bilateral security talks between the United States and Mexico, attended by Secretary of State Antony Blinken.

“We’re going to take on fentanyl with full force,” Mexican President Andres Manuel Lopez Obrador said this week.

The Treasury made a nod to its collaboration with the Mexican government in its statement.

Two Valenzuela siblings were detained in recent years, leaving Juan Francisco as the last sibling involved in the Valenzuela Mexican trafficking operations, the Treasury noted.

All Valenzuela’s property and assets in the United States have now been frozen.



Source link

U.S. sanctions logistics allies of Mexico’s Sinaloa Cartel

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 99,071.54 3.42%
ethereum
Ethereum (ETH) $ 3,351.50 5.11%
xrp
XRP (XRP) $ 2.95 15.03%
tether
Tether (USDT) $ 1.00 0.05%
bnb
BNB (BNB) $ 703.54 1.25%
solana
Solana (SOL) $ 197.42 5.90%
dogecoin
Dogecoin (DOGE) $ 0.372308 6.15%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 1.07 9.88%
staked-ether
Lido Staked Ether (STETH) $ 3,352.86 5.19%
tron
TRON (TRX) $ 0.232805 4.65%
avalanche-2
Avalanche (AVAX) $ 39.40 9.24%
stellar
Stellar (XLM) $ 0.482417 15.53%
sui
Sui (SUI) $ 4.78 4.57%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,974.91 4.54%
chainlink
Chainlink (LINK) $ 21.78 8.45%
the-open-network
Toncoin (TON) $ 5.44 1.82%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 4.03%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,784.47 3.09%
hedera-hashgraph
Hedera (HBAR) $ 0.317343 9.99%
content-bitcoin
Content Bitcoin (CTB) $ 24.49 3.10%
polkadot
Polkadot (DOT) $ 7.06 8.86%
usd1
USD1 (USD1) $ 1.00 96.85%
weth
WETH (WETH) $ 3,356.13 5.15%
leo-token
LEO Token (LEO) $ 9.60 3.81%
bitcoin-cash
Bitcoin Cash (BCH) $ 447.44 3.02%
uniswap
Uniswap (UNI) $ 14.47 9.81%
litecoin
Litecoin (LTC) $ 105.45 5.21%
hyperliquid
Hyperliquid (HYPE) $ 23.58 3.33%
bitget-token
Bitget Token (BGB) $ 6.55 0.82%
pepe
Pepe (PEPE) $ 0.000018 6.61%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,544.09 4.93%
usds
USDS (USDS) $ 0.999472 0.16%
near
NEAR Protocol (NEAR) $ 5.28 7.33%
ethena-usde
Ethena USDe (USDE) $ 0.998924 0.02%
aptos
Aptos (APT) $ 9.32 7.19%
internet-computer
Internet Computer (ICP) $ 10.91 9.31%
aave
Aave (AAVE) $ 316.29 9.08%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.482016 7.55%
ethereum-classic
Ethereum Classic (ETC) $ 26.45 5.42%
vechain
VeChain (VET) $ 0.04808 8.73%
crypto-com-chain
Cronos (CRO) $ 0.14169 2.90%
render-token
Render (RENDER) $ 7.42 6.30%
monero
Monero (XMR) $ 207.76 0.04%
mantle
Mantle (MNT) $ 1.13 4.15%
algorand
Algorand (ALGO) $ 0.437779 18.67%
mantra-dao
MANTRA (OM) $ 3.79 2.84%
bittensor
Bittensor (TAO) $ 443.70 6.52%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.59 27.56%
kaspa
Kaspa (KAS) $ 0.139431 5.52%