Spanish Police Arrests Illegal Drug Vendors Laundering $3.3M In Crypto

Spanish police arrests illegal drug vendors laundering $3.3 million in crypto. On Sunday, Spain’s National Police arrested 33 people allegedly selling illegal medications online and laundered at least part of their €3 million ($3.37 million) profit in virtual currency.

The busts, carried out against two separate organizations, resulted in the seizure of more than 70,000 erectile dysfunction tablets and other drugs not approved by Spain’s health regulators.

Police claim one of the organizations’ vendors moved the drugs from a factory in India through Singapore and the United Kingdom before importing them to a Murica garage for distribution.

In documenting the suspects’ attempts to cover their digital tracks, police said the “purchase of virtual currency stands out.” According to authorities, the Murica organization netted vendors at least 3 million euros. They alleged the criminals laundered some of those funds through virtual currency, but did not disclose which cryptocurrency.

[image: Wikimedia Commons]

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