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

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

The operation dubbed “Operation Dark HunTor” cracked down on criminals who had 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.Okay. 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 stories darknet vendor accounts had been linked to people promoting illicit items on lively marketplaces, in addition to inactive darknet marketplaces resembling Dream, WallStreet, White House, DeepSea and Dark Market.

“Criminal darknet markets exist so drug dealers can profit at the expense of others’ safety. The FBI is committed to working with our JCODE and Europol law enforcement partners to disrupt those markets and the borderless, worldwide trade in illicit drugs they enable,” mentioned FBI Director Christopher Wray in an announcement.

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