Spanish Police Accuse Illegal Drug Vendor of Laundering $3.3M Haul in Crypto

[Tnoy30]

Spain’s National Police on Sunday arrested 33 people who allegedly sold illegal medications online and laundered at least part of their €3 million ($3.37 million) profit in virtual currency.

The busts, conducted against two separate organizations, resulted in the seizure of over 70,000 erectile dysfunction tablets and other drugs that Spain’s health regulators have not approved.
Read on: https://www.coindesk.com/spanish-police-bust-3-million-drug-operation-crypto

[lepbagong]

This will certainly have a slight impact on regulations that occur in countries that have recognized crypto so far because of misuse for illegal transactions.
clearly the government will tighten the use of crypto which will clearly have an impact on government interference in it.
If only the regulations are tightened, of course there will be no problem, but if the government thinks crypto is very detrimental, of course, there will be restrictions and even no recognition of crypto in that country.

This will certainly be a setback that occurs with crypto which is currently starting to attract attention because of the ease with which every transaction in crypto is received.
hopefully there will be no harmful intervention in crypto in that country, which will clearly affect other countries.