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Joint US/India operation busts $360 million crypto-funded drugs ring
Collaboration between authorities in India and the United States has led to the discovery of a $360 million cryptocurrency-funded drug ring.
A collaboration among law enforcement in India and the United States has led to the discovery of a cryptocurrency drug ring worth $360 million. Those involved in the illicit drug sales are said to have utilized freely available online ads and dark web vendor marketplaces to grow their operation. This led to an organized system of distributors and sales channels, where cryptocurrency was used to pay for the drugs as well as launder the proceeds.
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