White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases
The White House advisories state "convertible virtual currencies," particularly bitcoin, bitcoin cash, ethereum, and monero, are actively being used on dark net markets.
Paul Calder LeRoux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap.
Bayer China is tapping VeChain to help it track clinical trial drugs along the blockchain.
The National Police of Spain said vendors’ “purchase of virtual currency stands out.” Police arrested 33 suspects across two parallel raids.
Here’s one token sale that’s almost certainly illegal, and not just under securities laws.
Five drug dealers who used cryptocurrencies to launder their funds were sentenced to varying jail terms on Monday.