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DEA Seizes $10M in Sinaloa Cartel Crypto During Florida Drug Raids

Trump’s DEA Seizes $10M in Cryptocurrency from Sinaloa Cartel

  • Authorities seized over $10 million in cryptocurrency from the Sinaloa cartel in Florida during recent drug raids.
  • Since January 20, the DEA has confiscated 44 million fentanyl pills, 4,500 pounds of fentanyl powder, nearly 65,000 pounds of methamphetamine, and 201,500 pounds of cocaine nationwide.
  • DEA experts, working with the FBI, linked the seized cryptocurrency directly to cartel operations.
  • Attorney General Pam Bondi and DEA leadership credited the ongoing effort to dismantle drug networks across the U.S.
  • Drug arrests and seizures occurred in states including California, Arizona, Texas, Nebraska, Minnesota, Indiana, Kentucky, South Carolina, Georgia, and Florida.

Federal officials seized more than $10 million in cryptocurrency from the Sinaloa cartel in Miami, Florida, as part of a series of coordinated drug raids, according to a recent announcement by the Department of Justice. The seizures took place over the past several weeks, amid a broader crackdown on cartel-related drug trafficking operations.

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The Drug Enforcement Administration (DEA) reported seizing about 44 million fentanyl pills, 4,500 pounds of fentanyl powder, nearly 65,000 pounds of methamphetamine, and more than 201,500 pounds of cocaine since January 20. More than 2,100 arrests tied to fentanyl offenses were made in the same period.

The agency stated that the multimillion-dollar cryptocurrency seizure in Miami resulted from cooperation between the DEA and the FBI, directly connecting the digital assets to Sinaloa cartel activities. “Our agents are doing historic work to keep our communities safe from deadly drugs like fentanyl and dismantle the cartels selling them,” said Attorney General Pam Bondi. “DEA is hitting the cartels where it hurts — with arrests, with seizures, and with relentless pressure,” added DEA Acting Administrator Robert Murphy.

Drug traffickers hid methamphetamine in commercial shipments such as a truckload of cucumbers and a refrigerated truck carrying blueberries, the Department of Justice explained. The recent operations span a wide range of states, including California, Arizona, Texas, Nebraska, Minnesota, Indiana, Kentucky, South Carolina, Georgia, and Florida.

The DOJ noted that the effort follows a nationwide trend of targeting illicit drug networks by cutting off their finances. The crackdown also comes as Ovidio Guzman Lopez, son of former cartel leader “El Chapo” and a senior Sinaloa cartel figure, recently pleaded guilty to federal drug charges in Chicago.

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Authorities emphasized their commitment to continue disrupting cartel networks. “We are not slowing down. We are dismantling these networks piece by piece — and we won’t stop until the last brick of their empire falls,” Murphy stated.

Additional details from the raids include evidence found in various transport vehicles and coordinated actions between federal law enforcement agencies to seize both physical drugs and digital assets. For more on dangerous drug trafficking methods, see Mexican cartel violence.

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