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Ban Bitcoin Crowd Go Quiet As JPMorgan-Owned ship Seized With $1.3 billion Worth of Cocaine Onboard



A JPMorgan Asset Management-owned ship has just been impounded by the US authorities because it was carrying in its cargo $1.3 billion worth of cocaine.

Naturally, there have been no calls for the banning of cash, or investment banks for that matter, by the “ban bitcoin” crowd.

The ship is operated by the Switzerland-based Mediterranean Shipping Company (MSC). The MSC Gayane was seized in Philadelphia after 39,525 pounds (nearly 20 tonnes) of the drug was found onboard.

The containership was built in 2018 and is Liberian flagged.

It is apparently the largest marine interception every conducted by US Customs ...

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