Feds seize up to $1 billion worth of cocaine in Philadelphia

Federal authorities seized 33,000 pounds of cocaine valued at $1 billion on Tuesday from a ship docked at a port in Philadelphia.

Two members of the ship’s crew were arrested following the discovery and could face federal charges.

The MSC Gayane made stops in the Bahamas, Panama, Peru, and Colombia before arriving at Philly’s Packer Marine Terminal on Monday morning, and authorities believe the cocaine was loaded onto the ship at some point during its voyage.

MSC Mediterranean Shipping Co., which owns the MSC Gayane, said in a statement it “takes this matter very seriously and is grateful to the authorities for identifying any suspected abuse of its services.”

Authorities are heralding the drug bust as the third-largest in U.S. history.

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