Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
A global law enforcement operation, Operation RapTor, led to the seizure of $200 million in cash and digital assets and the arrest of 270 individuals across 10 countries. The operation dismantled darknet drug networks contributing to the fentanyl epidemic, marking the largest seizure under the J-CODE initiative. Authorities confiscated over two metric tons of drugs, including 144 kilograms of fentanyl-laced substances, 180 firearms, and significant crypto assets. The operation involved collaboration between the DOJ, Europol, and various international agencies, targeting drug vendors in countries including the U.S., U.K., and Germany. J-CODE, established in 2018, aims to disrupt criminal enterprises using the internet for opioid trafficking. Reports indicate that cartel-linked money couriers have used stablecoins for transactions with Chinese suppliers. Recent indictments include individuals linked to major darknet platforms and a black market on Telegram involved in extensive illicit transactions.
