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

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

International police together with the FBI-led Joint Criminal 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 Dark HunTor” cracked down on criminals who have been concerned in the sale of tens of hundreds of illicit items and providers throughout Australia, Bulgaria, France, Germany, Italy, the Netherlands, Switzerland, the U.Ok. and the U.S.

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

Overall, Operation Dark HunTor resulted in the seizure of over $31.6 million in each money and digital currencies, roughly 234 kilograms of medication worldwide and 45 firearms.

The U.S. Department of Justice experiences darknet vendor accounts have been linked to people promoting illicit items on lively marketplaces, in addition to inactive darknet marketplaces similar to Dream, WallStreet, White House, DeepSea and Dark Market.

“Criminal 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 medicine they allow,” mentioned FBI Director Christopher Wray in an announcement.

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

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