During a Senate hearing on May 31, Elizabeth Warren highlighted the extensive utilization of cryptocurrency in the Chinese fentanyl trade. Senator Warren, a prominent figure in the Senate Banking Committee, referenced data from research firm Elliptic, which uncovered over 90 Chinese businesses involved...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain analytics startup Elliptic discovered that Chinese companies selling fentanyl precursors take large sums of cryptocurrency payments, primarily in bitcoin (BTC) and tether (USDT). This information underscores the difficulties...