Market
Will more arrests be made in Australia's largest cocaine seizure case by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Australian Federal Police announcements
Story
Australia Seizes 2.3 Tons of Cocaine Worth $1 Billion After Boat Breakdown
Dec 2, 2024, 02:52 AM
Australian authorities have carried out the largest cocaine seizure in the nation's history, confiscating 2.3 tons of the drug with an estimated street value of up to $1 billion. The operation led to the arrest of 13 individuals, including 11 men and two youths. The record-breaking bust followed a boat breakdown off the coast of K'gari, Queensland, which played a critical role in uncovering the smuggling operation. The Australian Federal Police coordinated the effort, successfully thwarting an alleged attempt to import the massive quantity of cocaine into the country.
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Similar markets
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Mixed outcomes • 25%
Majority acquitted • 25%
All cases dismissed • 25%
Majority convicted • 25%
Other • 25%
Motorcycle gang • 25%
International cartel • 25%
Local Australian syndicate • 25%
Stolen or lost • 25%
Destroyed • 25%
Used for training • 25%
Other • 25%
Case dismissed • 25%
Conviction and imprisonment • 25%
Plea deal • 25%
Acquittal • 25%
