Bitcoin Crime: US Legal Agencies Confiscate $200,000 in BTC from Drug Dealers on Dark Web

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Mon, 06/17/2019 - 13:18
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Three men in their early twenties, reports The Next Web, have been charged with ‘cooking’ and selling drugs, including Xanax and Ketamine.

The drug dealers sell Bitcoin P2P

Three young men, 22-23 years old, Le, McCall, and Allante Pires, were taken into custody recently. The law-enforcement agents confiscated MDMA, Xanax pills and Ketamine from a dark web drug outlet and over $100,000 in cash.

The three were working through the “EastSideHigh” website, sending drug orders to customers via regular US mail.

Previously, in the course of investigation, a federal agent working undercover, made an order for some MDMA from vendor websites on the dark web.

At the end of March, Le reportedly met with another undercover agent to sell him Bitcoin for about $200,000 in cash. He was arrested straight after the BTC had been sent to the agent.

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Europol teaches agents to deal with illegal BTC usage

Federal agents around the world always have to go undercover to put an end to drug selling activities on the dark web. Thanks to such operations, Silk Road was closed down and its founder arrested, ‘rewarded’ with a long-term prison sentence.

Europol has recently started teaching its agents to track Bitcoin transactions and investigate crime cases to do with crypto.