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A global law enforcement crackdown, Operation RapTor, has led to 270 arrests and the seizure of $200 million in cash and crypto. Authorities dismantled darknet drug networks tied to the fentanyl epidemic, marking the largest enforcement action under the DOJ’s J-CODE initiative.
- Operation RapTor seized $200M in cash and crypto, arresting 270 individuals across 10 countries in the largest J-CODE action to date.
- Darknet markets like Nemesis and Incognito were dismantled, with operators charged for crypto-based opioid trafficking and money laundering.
- Stablecoins, particularly USDT, were heavily used by cartels to launder profits and purchase fentanyl precursors from Chinese suppliers.
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Other Tags: Tether (USDT), Chainalysis, DOJ, Elliptic, Europol, OFAC, TRM Labs, U.S. Department of Justice