Deputy Attorney General Jeffrey Rosen, announces a worldwide crackdown on opioid trafficking on the darknet with FBI Director Christopher Wray, center, and DEA Acting Administrator Timothy Shea, during a press conference at the Department of Justice, Tuesday, Sept. 22, 2020 in Washington. Law enforcement officials have arrested 179 people and seized more than $6.5 million. The operation announced Tuesday mainly occurred in the U.S. and in Europe. Rosen said the takedown showed “there will be no safe haven for drug dealing in cyberspace.” (Olivier Douliery/Pool via AP)
By Michael Balsamo
Law enforcement officials arrested 179 people and seized more than $6.5 million in a worldwide crackdown on opioid trafficking on the darknet, the U.S. Justice Department said Tuesday.
The operation, which mainly occurred in the U.S. and in Europe, comes more than a year after officials took down the "Wall Street Market," which was believed to be one of the largest illegal online marketplaces on the darknet.
The darknet is a part of the internet hosted within an encrypted network and accessible only through specialized anonymity-providing tools, most notably the Tor Browser.
As part of the initiative, law enforcement officials seized over $6.5 million in cash and virtual currency, in addition to 500 kilograms of drugs, the Justice Department said. About 275 kilograms of drugs, including fentanyl, heroin, cocaine, ecstasy, and other opioids, had been seized in the U.S.
The arrests include 121 made in the U.S., two in Canada, 42 in Germany, eight in the Netherlands, four in the United Kingdom, three in Australia, and one in Sweden. The Justice Department said its investigation was ongoing and investigators were still working to identify other individuals behind darknet accounts.
Deputy Attorney General Jeffrey Rosen said the takedown showed "there will be no safe haven for drug dealing in cyberspace."
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
On this episode of ChedHER: Avery Cyrus, one of TikTok's top LGBTQ creators discusses her partnership with Space Hero to become a citizen astronaut, and how she's using her platform on social media to give back; Boss Women Media Founder breaks down how she's empowering female entrepreneurs with 'Boss Business Showers;' Palmly Co-Founder explains how she's building a social networking app for Christians.
Rita Brooks, Co-Founder of Palmly, joins ChedHER to discuss how she's creating a social networking app for Christians, and her experience being a female founder in the tech industry.
Avery Cyrus, one of TikTok's top LGBTQ creators, joins ChedHER to discuss her partnership with Space Hero to become a citizen astronaut, and how she's using her platform on social media to give back.
A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
Marty McDonald, Founder of Boss Women Media, joins ChedHER to discuss how she's empowering female entrepreneurs with 'Boss Business Showers,' and advice for turning your side hustle into a career.
Plant-based meat giant Beyond Meat's reign over the fast food world continues, as McDonald's announced that it is expanding its test of Beyond's McPlant burger, to nearly 600 restaurants, an increase from the eight that it's been testing in since November. This comes less than two weeks after Beyond Fried Chicken made its nationwide debut at KFC restaurants, the first time that plant based chicken has been widely distributed in a fast food capacity. Arun Sundaram, Senior Equity Analyst at CFRA Research explains why these latest collaborations may be proof that Beyond Meat products could slowly be becoming an unlikely staple in the fast food and chain restaurant world as consumers opt for more healthy food options.
Citi recently began collaborating with fitness entrepreneur Tracy Anderson to promote its Custom Cash Credit card. Pam Habner, CEO of U.S. Branded Cards for Citi, along with Tracy Anderson, creator of The Tracy Anderson Method, joined Cheddar to discuss how health and fitness matched up with a cash back credit card. "The fact that Citi is going 'hey if you lead a healthy lifestyle, we're going to help you out. We understand that it's more expensive and we're going to give you cash back for living your best life,'" Anderson said about the partnership, which also includes a custom promotional Spotify playlist.
Low-code app development platform Crowdbotics raised $22 million in a Series A funding round led by Jackson Square Ventures. Crowdbotics has helped more than 14,000 customers launch apps without having to learn how to code. The company can offer a team of expert developers to help companies launch custom apps, or provide the means for companies to develop apps themselves. Crowdbotics CEO Anand Kulkarni joined Cheddar News' Closing Bell to discuss.
