Recommanded Reading: The Chinese Money Laundering Network Fuelling the Fentanyl Crisis

Money laundering is one of the biggest problems in the global financial world today, and it is being exacerbated by the advent of crypto. A recent report by the Financial Times reveals a sophisticated money laundering network that is significantly exacerbating the fentanyl crisis in the U.S. This network, involving Chinese underground banks and Mexican drug cartels, is enabling the seamless transfer and laundering of millions of dollars in drug money.