Overview

• Police executed 48 simultaneous searches across more than 20 municipalities at dawn on Monday in a coordinated operation led by Valencia’s Court of Instruction No. 15.
• More than 30 suspects have been detained so far, with authorities expecting several dozen additional arrests as the operation continues under judicial secrecy.
• Investigators attribute roughly 3,589 kilograms of cocaine to the networks, often concealed via the gancho perdido method inside legitimate cargo bound for Valencia.
• The probe targets two organizations described as operating like a cartel, with suspected involvement of port workers including stevedores and alleged leaders identified by initials B.M. and I.T.
• Authorities have frozen bank accounts and blocked cryptocurrency credentials while searching for large caches of cash believed to be held by the alleged ringleaders.