Chinese Fentanyl Labs Sell Opioid Precursors Overseas for Cryptocurrencies, Reveals Elliptic
According to analytics company Elliptic, more than 90 Chinese chemical laboratories that make the opioid analgesic fentanyl sell it in bulk overseas, accepting payment in bitcoin and stabelcoin USDT. Elliptic researchers analyzed some of the cryptocurrency addresses with ...
British Resident Found Guilty of Hiding Cocaine Proceeds in Crypto Wallets
The Royal Court in Swansea, a city in Britain, has accused a local citizen of concealing the profits from cocaine trade in two crypto wallets. The Crown Court found Fraser Cuberhives, who is 36 years old, guilty after an investigation that lasted almost a year. The prosecution claimed that Cub ...