Per the arrests, the agencies confiscated such illicit items as military-grade weapons, drugs and drug manufacturing equipment.
They also seized some $3.6 million in hard cash and gold bars, as well as at least 2,000 bitcoin (valued at just over $12 million) and related mining hardware.
With these leads, the coalition of federal agencies rooted out an extensive network of black market dealers.
Of the investigation’s most notably indicted, nearly all the charged individuals used bitcoin or other cryptocurrencies to some degree in their operations.
Along with fueling a harrowing human trafficking market, they are also funding marketplaces that are contributing to America’s growing opioid crisis, the administration claims.
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.
The recent announcement that Bittrex will allow investors to buy digital coins with the U. S. dollar is the latest in a string of crypto trading trends to move West from Asia.
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