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
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Alleged Bitcoin scam that raised $359M busted by Brazilian police
Police in Brazil have busted a purported Bitcoin investment scheme that allegedly stole $359 million (1.5 million reais) ...
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Silk Road drug dealer laundered $19M in profits with Bitcoin
A Silk Road trader pleaded guilty to laundering over $19 million worth of profits with Bitcoin after using the notorious marketplace ...
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German police raid criminal Bitcoin ring hiding in ex-NATO military bunker
Police in Germany have executed a hi-tech raid on a data processing centre installed in an ex-Nato bunker which hosted a ...
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US government knows you’re buying opioids with Bitcoin — and it doesn’t like it
The US government has released a series of advisory notes, one of which specifically looks at the role played by cryptocurrencies ...
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Dark web dealer made to forfeit millions in cryptocurrency gets 70 months in the slammer
A drug dealer ordered to forfeit millions of dollars in cryptocurrencies has been sentenced to 70 months in prison for distributing ...
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Cryptocurrency scammers have netted $4.26B so far this year, report
Cryptocurrency scammers continued to swindle funds throughout Q2 2019, netting approximately $4.26 billion so far this year. ...
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UK dark web dealers get more than 20 years for selling cocaine for Bitcoin
Three men in the UK have been sentenced to prison for operating ‘Project4,’ a “sophisticated” drug-dealing business ...
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Silk Road site admin extradited to US hit with 78-month prison sentence
Irish man Gary Davis, also known as “Libertas,” has been sentenced to 78 months in prison for helping to run the now ...
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Flexer charged with trafficking Bitcoin-purchased drugs in Australia
A man who frequently flaunted his wealth on social media has been found guilty of importing and trafficking drugs purchased ...
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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.
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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 ...
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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 ...
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‘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 ...
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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, ...
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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 ...
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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.
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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 ...
