“Dozens of tons of cocaine have been taken out of circulation,” German authorities said. The drugs were first uncovered in Hamburg last year.
Investigators in Germany have discovered a record amount of cocaine worth several billion euros, authorities reported on Friday.
“Dozens of tons of cocaine worth several billion euros have been taken out of circulation,” the Baden-Württemberg State Office of Criminal Investigation and the Customs Investigation Office in Stuttgart, as well as the Düsseldorf public prosecutor’s office announced.
The huge quantity of drugs was first discovered in the port of Hamburg last year, and, according to the German news agency DPA, originated in South America.
That’s why generally they’ll use the term “street value” for these kinds of descriptions. That means it’s worth that amount because that’s what people are willing to pay for it.
Same same ‘Market Cap’
Nobody expects to clear at that price.