Russian Narcotics Claim Bitcoin has Doubled-Up Drug Trades
The Russian Federal Drug Control service feels Bitcoin poses a real threat to the country as it becomes an even more preferred method of payment. Bitcoin has often been referred to as a favorite tool for internet and offline criminals, particularly when drug dealing and trafficking is concerned. There are a lot of people under the illusion of how Bitcoin will protect them from being caught while it is only a matter of time until the digital money trail on the blockchain leads to their arrest. That being said, the Russian Federal Drug Control service feels Bitcoin poses a real threat to the....
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For the first time in India, the Narcotics Control Bureau has reported the activities of a darknet marketplace for drugs. The agency is currently investigating the syndicate behind it. India has registered its first case of illegal drug trafficking over the darknet using bitcoin as the mode of transaction. The country which has been slow in the adoption of digital currency in comparison with other nations has finally caught up with the global trend. The reports of increased activity of darknet-based drug traffickers within the country were reported by the Indian anti-narcotics agency,....
A Japanese drug importer has been arrested after allegedly purchasing narcotics from his Mexican drug runners. The kicker? He apparently bought the drugs via Bitcoin. Ayumu Teramoto, 38, was arrested by a combined police force from Tokyo and the southwestern city of Fukuoka under suspicion of buying a “stimulant drug” from abroad using bitcoin, making this the first case of someone getting arrested for carrying out a drug transaction with the digital currency. The details of the investigation are so far scarse. The term “stimulant drug” is a blanket term, but often describes narcotics like....
Officials from India claim to have had their ‘first’ run in with Dark Net Market (DNM) usage. The Hindustantimes just reported on how Indian Anti-Narcotics agencies are focusing in on these new markets and improving their surveillance methods. India’s Watchdog Probes DNM’s. India’s Narcotics Control Bureau (NCB) found two illegal drug smuggling....
Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region.
Russian Authorities Respond to Stopnarkotik’s Request for Action Against Drug Trade
The Ministry of Internal Affairs of the Russian Federation (MVD) and Bank of Russia have agreed to cooperate with....
Lots of crazy stuff happen on the dark web on a daily basis. The brains behind a highly sophisticated drug trafficking network was sentenced in federal court in Boston on Friday for making and distributing a variety of banned narcotics via the dark web. Binh Thanh Le, 25, of Brockton, Massachusetts is a darknet club drug […]