The illegal drug trade is a global black market, dedicated to cultivation, manufacturing, distribution, and sale of drugs, which are subject to drug prohibition laws. Most jurisdictions prohibit trade, except under license, of many types of drugs by drug prohibition laws. A UN report said "the global drug trade generated an estimated US$321.6 billion in 2003.
All stories in Illegal drug trade
-
California man gets 10 years for selling drugs for Bitcoin on dark web
A US man who sold narcotics on the dark web in exchange for Bitcoin has been sentenced to 10 years in federal prison.
-
Police bust potential Bitcoin money laundering scheme in Brazil
Brazilian police have arrested a man on suspicion that he was running a drug trafficking ring and laundering funds using ...
-
Canada confiscates $1.4M in Bitcoin from dark web drug dealer
A Canadian judge has ordered the forfeiture of approximately $1.4 million in Bitcoin found on a drug dealer’s computer ...
-
‘Drug-dealing’ football coach set to join suit against Bitcoin trader over $14M loss
An Australian Bitcoin trader is accused of defrauding $14 million from a series of high-profile clients, including $709,000 ...
-
Australian police seizes 30KG in drugs and $2M from cryptocurrency crime ring
Australian police have arrested two men connected to a cryptocurrency-fused drug syndicate, seizing cash, cryptocurrency, ...
-
No, buying drugs via apps isn’t safer
Markets for illicit drugs are constantly evolving to increase profits and reduce risks to suppliers in response to law enforcement ...
-
This AI-powered scanner will sniff out your drugs in the mail
The AI can already detect weapons and explosives, and will soon learn to identify synthetic drugs.
-
This is how Dutch police know you're buying drugs online
Suspicious cryptocurrency transactions can be detected through forensic analysis software and the police is using that ...
