The U.S. Department of Justice (DOJ) has launched a significant crackdown on darknet drug trafficking networks, seizing over $200 million in cryptocurrency and arresting 270 suspects worldwide. This operation, dubbed ‘SpecTor,’ marks the largest global takedown of its kind to date. The DOJ coordinated with law enforcement agencies across nine countries, targeting individuals involved in illicit fentanyl trafficking. 270 arrests were made globally as part of this unprecedented action. While the operation signifies a major victory against cybercrime and drug trafficking, it has triggered heightened scrutiny on cryptocurrency exchanges and their role in illicit financial flows.