Some analysts have suggested that chaos in the illegal narcotics trade’s supply chains and financing operations due to coronavirus pandemic impacts may push drug barons towards trade-based money laundering (TBML) operations (Trade-based Financial Crime, 24 April 2020).

But data recently released suggests that the proceeds of illicit drugs that are accumulating in major US cities and along the border with Mexico show that the impacts of the coronavirus have actually curtailed TBML operations.

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