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178 South Korean Darkweb Users Arrested on Suspicion of Crypto-powered Drug Trading

Source: AdobeStock/ bong

Police in Seoul, South Korea, have actually jailed 178 individuals on suspicion of trading drugs online utilizing cryptoassets as a way of payment.

According to JTBC, Seoul Metropolitan Police officers stated they had actually jailed 12 thought drug dealerships and 166 of their declared consumers, specifying that the people had actually all used darkweb websites and crypto payments.

The officers likewise specified that they had actually taken tokens, some USD 8,500 worth of money, 12 kg of cannabis, and considerable quantities of drugs such as artificial cannabinoids, ketamine, and MDMA (euphoria).

A variety of the drug payments appear to have actually been performed in bitcoin (BTC), and the huge bulk of declared drug purchasers were referred to as remaining in their 20 s and 30 s– although a little number of people were aged 40-59

The officers discussed that the people had actually all utilized a darkweb platform that permitted potential dealerships to publish free of charge, however required 10% commission on all deals– which were paid in crypto and performed through the platform.

While the traders have actually been determined, the darkweb platform operators have so far avoided capture.

Police officers specified that the platform utilized darkweb innovation, cryptoassets, and messaging platforms such as Telegram, making it a natural option for more youthful people– and less of a draw for older individuals.

And officers cautioned:

” Young individuals with high levels of web literacy can quickly purchase narcotics online. While they might believe they leave no trace of their actions if they purchase narcotics utilizing cryptoassets, this isn’t the case. We have actually introduced a devoted examination group and wrongdoers will become captured.”

Like numerous other East Asian countries, South Korea has exceptionally tight narcotics laws. The police has actually just recently developed a system called the Darkweb and Cryptosset Special Investigation Team.

Officers likewise suggested that they think that some darkweb-related people might have links to a few of Seoul’s busiest night areas.

Per Newsis, a representative promised to “determine darkweb operators” and “broaden” the cops’s “examination”– along with examine “whether these operators relate to significant clubs and home entertainment facilities in Seoul.”

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