A new report from CNBC’s Ylan Mui on how cryptocurrencies, like bitcoin, are fueling America’s opioid crisis  highlighted Senator Portman and his bipartisan investigation detailing how drug traffickers exploit vulnerabilities in our international mail system to easily ship synthetic drugs like fentanyl from China into the United States. Portman’s report showed that drug traffickers who sold fentanyl online from labs in China, preferred Bitcoin as their form of payment, which help these criminals maintain anonymity and make law enforcement’s job investigating much more challenging. 

A video of the piece can be found here.

NOTE: In January, U.S. Senators Rob Portman (R-OH) and Tom Carper (D-DE) released a report detailing how drug traffickers exploit vulnerabilities in our international mail system to easily ship synthetic drugs like fentanyl from China into the United States. Last year alone, 318 million international packages entered the U.S. with no advanced electronic data on shipper and recipient name, address, or contents—which is used by federal law enforcement agencies to target packages containing illegal items, like fentanyl. Portman, is the author of the bipartisan Synthetics Trafficking & Overdose Prevention (STOP) Act, which is designed to help prevent these synthetic drugs like fentanyl from being shipped from China into the United States through our the international mail system.

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