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Crypto payments to Chinese companies facilitating US fentanyl epidemic

Photo: Elliptic

Elliptic’s Crypto and the Global Fentanyl Trade study shows widespread use of crypto in China for fentanyl precursor transactions.

Fentanyl use is now a leading cause of death in the US for those aged 18 to 49, according to the Department of Justice, and the crisis is growing at an alarming rate. In just a decade, synthetic opioids have come to dominate the market. Senator Elizabeth Warren recently saidproposed a