Weapons seized by the RCMP as part of Project Decrypt.
Approximately $88,000 in digital currency was also seized, according to an RCMP spokesperson. However, she believes that other sums have escaped the police.
She explains that the use of cryptocurrencies to launder the proceeds of crime is increasing in large-scale criminal operations due to the speed and ease of transfer.
She adds that this technology can make investigations more complicated, but that the transactions can be traced.
The press release indicates that those arrested have all been released pending their appearance in court.
With information from Anne-Louise Michel
- Richard Sabeh (View profile)Richard Sabeh Follow