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Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

The U.S. Department of Justice charged eight companies with illegal drug production, distribution and sales of precursor chemicals, saying they used cryptocurrency to move money.

By Jesse Hamilton|Edited by Kevin Reynolds

Updated Oct 3, 2023, 7:44 p.m. Published Oct 3, 2023, 7:44 p.m.

U.S. authorities cracked down on another ring of fentanyl suppliers they say are tied to Chinese companies and using cryptocurrency to move money. (Photo illustration by Jesse Hamilton)