Worldwide Police Seize $4.9M in Crypto From Alleged Darknet Drug Traffickers

Worldwide police together with the FBI-led Joint Prison Opioid and Darknet Enforcement (JCODE) and Europol have busted a gaggle of 150 alleged darknet drug traffickers, seizing $4.9 million in cryptocurrencies.

The operation dubbed “Operation Darkish HunTor” cracked down on criminals who had been concerned within the sale of tens of hundreds of illicit items and providers throughout Australia, Bulgaria, France, Germany, Italy, the Netherlands, Switzerland, the U.Okay. and the U.S.

The U.S.-Italian operations seized €3.6 million ($4.17 million) in cryptocurrencies, whereas police seized roughly $1 million in drug proceeds that included $700,000 in cryptocurrency.

Total, Operation Darkish HunTor resulted within the seizure of over $31.6 million in each money and digital currencies, roughly 234 kilograms of medicine worldwide and 45 firearms.

The Division of Justice experiences darknet vendor accounts had been linked to people promoting illicit items on lively marketplaces, in addition to inactive Darknet marketplaces resembling Dream, WallStreet, White Home, DeepSea, and Darkish Market.

“Prison darknet markets exist so drug sellers can revenue on the expense of others’ security. The FBI is dedicated to working with our JCODE and EUROPOL legislation enforcement companions to disrupt these markets and the borderless, worldwide commerce in illicit medication they allow,” mentioned FBI Director Christopher Wray in an announcement.

Learn extra: Europol Coordinates Arrest of Ransomware Gang in Ukraine, Seizing $1.3M in Crypto

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