Suspected fentanyl chemical suppliers have received $38 million in crypto -Chainalysis

Suspected sellers of chemicals used to manufacture the deadly drug fentanyl have received tens of millions of dollars worth of cryptocurrency since 2018, according to blockchain analytics firm Chainalysis. Regulators around the world have warned that crypto assets are used to finance illegal activity. Crypto transactions related to illicit activity hit a record $20 billion in 2022, Chainalysis said in January.