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Winnipeg police seize $13.3M in assets during trafficking investigation
BY , Feb 24, 2021 10:35 PM - REPORT AN ERRORPolice in Winnipeg have made what they say is the largest asset seizure in their history after a 10-month investigation into a cocaine trafficking ring calling itself the Company.
They say 13 people were arrested earlier this month in relation to cocaine being moved from British Columbia to Winnipeg.
Insp. Max Waddell says the total value of assets seized was more than $13.3 million.
They included cocaine with a street value of $1.4 million, as well as cannabis and ecstasy, as well as 12 vehicles and 10 properties valued at more than $4.6 million.
Officers also took in more than $100,000 in Bitcoin.
Waddell says he's concerned by the increased use of crypto currency in criminal activity.
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