Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
Operation RapTor, the largest enforcement action under the DOJ’s JCODE initiative, resulted in 270 arrests across 10 countries and the seizure of $200 million in cash and cryptocurrency. Authorities confiscated over two metric tons of drugs, including 144 kilograms of fentanyl-laced substances, much of it trafficked through crypto-linked darknet markets.
U.S. prosecutors charged several major traffickers, including the operators of Nemesis and Incognito Markets, who leveraged cryptocurrency to sell opioids and conceal proceeds. The operation underscores the growing intersection of digital assets and illicit activities, prompting renewed scrutiny from regulators.