South Korea Arrests 178 Darkweb Users On Suspicion Of Drug Trafficking Using Crypto
Police in Seoul, South Korea, have arrested 178 people on suspicion of internet drug purchases and selling using cryptocurrency as payment.
According to JTBC, Seoul Metropolitan Police officers stated they apprehended 12 suspected drug sellers and 166 of their accused customers, all of whom used darkweb platforms and crypto payments.
The authorities also claimed to have seized tokens, approximately $8,500 in cash, 12kg of marijuana, and considerable quantities of narcotics such as synthetic cannabinoids, ketamine, and MDMA (ecstasy).
A number of drug purchases appear to have been made in Bitcoin (BTC), and the vast majority of suspected drug buyers were characterized as being in their 20s and 30s, with a minor number of people aged 40-59.
The detectives said that the suspects had all used a darkweb platform that allowed would-be dealers to post for free but charged a 10% commission on all transactions – which were paid in cryptocurrency and completed through the platform.
While the traders have been identified, the operators of the darkweb portal have so far escaped detection.
According to police investigators, the network used darkweb technologies, crypto assets, and chat systems like Telegram, making it a logical choice for younger people – and less appealing to older people.
And officers warned:
“Young people with high levels of internet literacy can easily buy narcotics online. But while they may think they leave no trace of their actions if they buy narcotics using cryptoassets, this isn’t the case. We have launched a dedicated investigation team and offenders will eventually be caught.”
South Korea, like many other East Asian countries, has highly strict drug regulations. The Darkweb and Cryptosset Special Investigation Team were recently established by the police department.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
CoinCu News
Author
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South Korea Arrests 178 Darkweb Users On Suspicion Of Drug Trafficking Using Crypto
Police in Seoul, South Korea, have arrested 178 people on suspicion of internet drug purchases and selling using cryptocurrency as payment.
According to JTBC, Seoul Metropolitan Police officers stated they apprehended 12 suspected drug sellers and 166 of their accused customers, all of whom used darkweb platforms and crypto payments.
The authorities also claimed to have seized tokens, approximately $8,500 in cash, 12kg of marijuana, and considerable quantities of narcotics such as synthetic cannabinoids, ketamine, and MDMA (ecstasy).
A number of drug purchases appear to have been made in Bitcoin (BTC), and the vast majority of suspected drug buyers were characterized as being in their 20s and 30s, with a minor number of people aged 40-59.
The detectives said that the suspects had all used a darkweb platform that allowed would-be dealers to post for free but charged a 10% commission on all transactions – which were paid in cryptocurrency and completed through the platform.
While the traders have been identified, the operators of the darkweb portal have so far escaped detection.
According to police investigators, the network used darkweb technologies, crypto assets, and chat systems like Telegram, making it a logical choice for younger people – and less appealing to older people.
And officers warned:
“Young people with high levels of internet literacy can easily buy narcotics online. But while they may think they leave no trace of their actions if they buy narcotics using cryptoassets, this isn’t the case. We have launched a dedicated investigation team and offenders will eventually be caught.”
South Korea, like many other East Asian countries, has highly strict drug regulations. The Darkweb and Cryptosset Special Investigation Team were recently established by the police department.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
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