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US$4 million seized in Singapore from Canadian group that sold encrypted devices to drug cartels Toggle share menu Advertisement Advertisement Singapore File photo of a person typing on a keyboard. (Photo: Reuters/Kacper Pempel) 15 Dec 2020 12:59PM (Updated: 15 Dec 2020 01:26PM) Share this content Bookmark SINGAPORE: About US$4 million of illicit funds linked to a Canadian group that sold encrypted devices to drug traffickers in multiple countries have been seized in Singapore, said the United States Department of Justice on Monday (De...

The Straits Times Singapore helps seize $5 million in illicit funds linked to Canadian group providing 'uncrackable phones' The funds belonged to Phantom Secure, an encrypted telecommunications network used by transnational organised criminal syndicates.ST PHOTO: KELVIN CHNG https://str.sg/Ja8K They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited...

SAN DIEGO — Federal authorities have seized nearly $4 million in illicit funds generated from Phantom Secure, an encrypted telecommunications network used by organized crime syndicates, two years after the guilty plea of its CEO who admitted his technology helped the international drug trade flourish.