Feds seize over $1 billion of cocaine in historic bust in Philadelphia, officials say

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Federal officials made a massive cocaine bust in Philadelphia Tuesday, seizing an estimated 16.5 tons of the drug from a ship there — with a street value of over $1 billion, officials said.

The historic bust — the largest in the history of the Eastern District of Pennsylvania — comes amid a series of large seizures of the drug in the Northeast, including a record seizure of $18 million worth of the drug in March.

New York saw its largest cocaine bust in a quarter century in that months as well with $77 million worth of the drug seized from a cargo ship in the port of New York and New Jersey.



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