The Trump administration announced more than $44 million in U.S. funding for a Pacific response to organized crime, including maritime security and efforts to disrupt criminal money flows. The funding includes nearly $18.2 million to help Pacific nations detect and stop money flows linked to narcotics groups, with $5 million for the PACIFIC program.
The State Department said U.S. agencies will train officers in cryptocurrency tracing, beneficial-ownership investigations and digital forensics. They will also help update anti-money laundering and cybercrime laws to align with Financial Action Task Force and Budapest Convention standards.