11 members of a drug operation have been arrested and jailed after taking part in an operation through which they sold 40 kilograms of cocaine on the streets of the United Kingdom. Crypto Crime in the United Kingdom is Getting Bigger However, once they were placed behind bars, their crimes didn’t end. They got in touch with friends and family members and used them to launder their criminal funds through Coinbase, one of the biggest and most popular digital...
Read More »Crypto Dark Web Drug Ring Run by Carolyn Hernandez-Taylor and Her Brother is Taken Down
A dark web drug bust that utilized bitcoin and crypto has been taken down in Detroit, Michigan. The organization was run by Carolyn Hernandez-Taylor and her brother, and the former has already pleaded guilty to the charges against her. Carolyn Hernandez-Taylor Takes a Plea Deal FBI agents raided the home of her brother, where most of the duo’s activities took place. There, they found a clandestine drug lab and thousands of counterfeit Xanax pills. They also...
Read More »Paul Johnson Pleads Guilty to Trading Drugs for BTC
A man has pled guilty to trading bitcoin for illegal drugs. 32-year-old Paul Johnson of Leicestershire in the United Kingdom will now likely face jail time for his actions.Paul Johnson: Pay with BTC for Your DrugsCrypto-based crime is rather common throughout the industry, and if bitcoin and digital assets are ever to attain legitimate and mainstream status, their association with the dark web and illicit activity will have to end. Unfortunately, there are too many individuals out there that...
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