By Chris Mannix The boxing management company announced it would cease operations after its co-founder was hit by sanctions from the U.S. Treasury Department. View the original article to see embedded media. MTK Global, the boxing management company that represents dozens of professional fighters, announced that it was ceasing operations on Wednesday. MTK had been under intense scrutiny after the U.S. Treasury Department announced sanctions against Daniel Kinahan, an alleged drug trafficker and a co-founder of the company. Last week, the U.S. Treasury designated the Kinahan Organized Crime Gro…