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That seems like a reasonable thing to do. I don’t really see the problem, don’t they generally refer to that as ‘street value’ anyway?

Besides, what could they have done similarly in this case? Why would they not just be referring to the current spot value of the currencies?



Even then, its usually overpriced. I remember some years ago there was a cannabis bust where I am and they announced that they seized X amount and it had a street value of Y and I was just thinking those guys are getting seriously ripped off if that's what they're paying because anyone I knew selling it was charging a lot lot less.


"Street value" per gram goes down significantly as the weight of the transaction goes up. If someone has 100 pounds of weed the cops go by the absolute highest street price for the absolute smallest unit sizes (~$20/g) and call it a $1M haul.

In reality, it's not really feasible to move 45,000 individual grams in a timely manner (especially with products like cannabis that noticeably degrade fairly quickly), not to mention that you'd be opening yourself up to 10,000x the necessary risk to do so.

So while it's true on a certain level that 100 pounds of weed can eventually be worth about a million dollars once it makes its way through a distribution network, in reality it'll only ever probably net maybe 1/4 of that and the majority of that profit won't ever make it back up the chain even in an organized criminal network.

But when the pigs inflate their numbers by pulling these kinds of disingenuous tricks it makes them look good, and they know they'll never get in trouble for doing it.




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