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🏛️ Politics2025-07-26Bloomberg

US Treasury Sanctions Venezuela’s Cartel de los Soles

The US Treasury has imposed sanctions on Venezuela's Cartel de los Soles, a criminal organization allegedly linked to the regime of President Nicolas Maduro. The Cartel de los Soles is accused of engaging in drug trafficking, money laundering, and other illicit activities that have contributed to the political and economic crisis in Venezuela. The sanctions target key members of the cartel, including current and former Venezuelan officials, and aim to disrupt the organization's financial networks and illicit activities. The move is part of the US government's broader efforts to increase pressure on the Maduro regime and hold it accountable for its actions. The sanctions are expected to have a significant impact on the Cartel de los Soles' operations and could further destabilize the already fragile situation in Venezuela. The decision reflects the ongoing tensions between the US and the Maduro government, as the two countries continue to engage in a diplomatic and economic tug-of-war over the future of Venezuela.

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