Spanish Police Seizes 1,300,000 USDT in Drug Trafficking Operation

Agents from the Civil Guard and the National Police of Spain arrested 27 individuals for drug trafficking, money laundering, and membership in a criminal organization. During the operation, 1,300,000 USDT, 270,000 euros, 76,000 dirhams, and over a thousand dollars in cash were seized. A total of 38 simultaneous searches were conducted in Spain and the Dominican Republic, with the participation of the DEA and EUROPOL. Forty high-end vehicles, two boats, and six firearms were confiscated. The investigations began in September 2023, detecting a network dedicated to sending drugs to Europe and linked to four seizures in Panama of over 1,500 kilograms of cocaine. The Civil Guard indicated that the organization had a high operational and economic capacity, using commercial companies to channel profits into the real estate sector. The sale of 95 properties, including 16 luxury villas, was prohibited, and the assets of 200 movable goods and 95 properties were blocked. The network provided money laundering services to other criminal groups, generating income from both cocaine trafficking and commissions for laundering services. Currently, five international arrest warrants have been processed, and the investigation remains open.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.