The Washington Post: Cambodian and U.S. authorities uncover a Sinaloa Cartel-linked crypto ML network, seizing $7M in cryptocurrency, 200kg+ of drugs and over one tonne of drug precursors

A joint investigation by Cambodian authorities and the US Drug Enforcement Administration identified a network allegedly laundering cryptocurrency on behalf of the cartel, with Cambodian officials reporting the seizure of around $7 million in crypto assets. The investigation also resulted in arrests and seizures of drugs, precursor chemicals and other assets, illustrating the increasingly cross-regional financial infrastructure connecting…