The Enforcement Directorate has seized Bitcoins worth ₹130.48 crore following the arrest of one Parvinder Singh on the request from the U.S. authorities in connection with an international criminal syndicate named “Singh DTO (Drug Trafficking Organisation)“.
On May 1, the agency had searched the premises of the accused in Haldwani, Uttarakhand, days after he was arrested on April 26.
“The brothers namely Banmeet Singh and Parvinder Singh, along with others, were operating an international drug trafficking group named Singh DTO. They used vendor marketing sites on the dark web, numerous free advertisements on clear web websites, and a network of narcotics and controlled-substance distributors and distribution cells to sell drugs in the U.S., the U.K. and other European countries,” said the ED on Saturday.
