CJNG Cartel Leader El Mencho Killed, Sparking Violence and Highlighting Crypto Use

The death of El Mencho, leader of the Jalisco New Generation (CJNG) cartel, has led to widespread violence across several Mexican states. His killing on February 22 marks a significant moment in Mexico's fight against organized crime.

El Mencho, whose real name was Nemesio Rubén Oseguera Cervantes, was among Mexico's most wanted fugitives and the leader of CJNG since its formation in 2009. The US Department of State has described CJNG as 'the highest cocaine, heroin, and methamphetamine trafficking capacity in Mexico.'

The use of cryptocurrency by Mexican cartels, including CJNG, is a growing concern for regulators and law enforcement agencies. According to reports, the cartel has used digital assets such as Bitcoin and Tether for money laundering and illicit transactions.