FBI Seized Crypto worth Millions in a Major Drug Operation

Elvira Rogers
By Elvira Rogers
Posted on April 1, 2019
FBI Seized Crypto worth Millions in a Major Drug Operation

61 arrests and $4.5 million including cryptocurrency were recovered in operation SaboTor, reported FBI. The members of different security agencies in a team called J-CODE (Joint Criminal Opioid and Darknet Enforcement) nabbed drug dealers to seize hefty amount of crypto, cash, weapons, and drugs, in an operation between January 11 and March 12.

The operation SaboTor was named after the privacy-focused web browser Tor, which played a major part in the criminal suspects' darknet-based drug dealing activities.

According to FBI Director Christopher Wray, "Operation SaboTor demonstrates not only the strength of our partnerships across the U.S. government and abroad but how we’re able to capitalize on those partnerships to disrupt criminal activity, even when they try to hide it on the Darknet".

It hasn't been revealed at this stage which cryptos were seized. Along with Bitcoin, privacy coin Monero (XMR) tends to be particularly popular for illicit activities due to its focus on anonymity. Along with the crypto, a further $2.48 million in cash was seized, as well as 300 kg of drugs and 51 firearms.

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