Rafael Humberto Celaya Valenzuela, part of Mexico's Sinaloa cartel, was sentenced in federal court in New Hampshire.
In his opinion Mexico needs a federal regulatory body, capital controls for legal producers of the drug and monitoring political financing to prevent cartels from laundering their funds.
Security Minister Sergio Berni says authorities received information that 'El Chapo' tried to cross the Chilean-Argentine border.
The Central American country also requested the extradition of a Mexican couple involved in a criminal network that trafficked cocaine.
The search warrants were carried out in three states: Puebla, Sinaloa and the State of Mexico.
Officials think the drug lord injured a leg and his face in evading capture.
Banco Continental is owned by the Rosenthals, one of the families with more political and economic power in the country.
This is the second arrest warrant for extradition issued in less than two months against the leader of the Sinaloa Cartel.
In a report, the Drug Enforcement Administration identified the following cartels that operate cells within the U.S.: the Sinaloa Cartel, Gulf Cartel, Juárez Cartel, Knights Templar, Beltrán-Leyva Organization, Jalisco New Generation Cartel, Los Zetas, and Las Moicas.