US DOJ charges two Chinese nationals for allegedly running a global ML network for the Sinaloa Cartel and CJNG using mirror transfers, encrypted communications, and trade-based schemes

According to the indictment, the network allegedly laundered proceeds linked to fentanyl and cocaine trafficking on behalf of the Sinaloa Cartel and Cartel de Jalisco Nueva Generación using shell companies, electronics exports, serial-number verification systems, and coordinated cross-border cash movements. The DOJ also highlights growing concern over…