Crypto Mining Becomes Cartels’ New Weapon for Laundering Illicit Funds
Mining
blockchain crime
cartels
Chainalysis
Crypto Mining
Electricity Theft
illicit crypto
Mexico
Money Laundering
TLDR: Mexican police seized 300 GPUs and 80 medium-voltage terminals at a hidden crypto mining site in Puebla. Illicit crypto transactions worldwide surged past $154 billion in 2025, more than double 2024’s total. Cartels increasingly target cheap or stolen electricity to cut costs and scale mining operations. Mining one bitcoin now costs nearly $45,000, still [...]
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Source: Source: Blockonomi