Why Are Some European Drug Gangs Burying Cocaine Instead of Selling It?

European Drug Gangs Burying Cocaine Due to Low Wholesale Prices

Wholesale prices for cocaine have plummeted across much of Europe, forcing drug smugglers to manipulate the market.

In December, authorities in southwest Spain discovered two speed boats carrying large packages at the mouth of the Guadalquivir River.

A search of the farm uncovered two buried shipping containers, holding seven metric tons of cocaine, valued at approximately 420 million euros.

A unique marking on one of the cocaine bricks featured a

devil emoji playing the guitar
.

Author's summary: European drug gangs are burying cocaine due to low prices.

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Organized Crime and Corruption Reporting Project Organized Crime and Corruption Reporting Project — 2025-11-05

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