Australian Authorities Seize Crypto Worth $1.5 Million From Alleged Drug Dealer
A South Australian resident have been accused of trafficking illicit drugs on the dark web and using crypto for money laundering. South Australian police have arrested an individual charged with drug trafficking and money laundering involving crypto on the dark web. An investigation carried out by the South Australian police, which began earlier in 2023, led to the seizures, along with the arrest of a 25-year-old man from Adelaide Hills, whose identity was not revealed, suspected of illicit drug trafficking on the dark web.
According to the Australian Broadcasting Corporation, the police alleged that the accused used different profiles on the dark web to market various illicit drugs. Superintendent Rice also said that nitazene, which he described as a “highly toxic drug,” was among the drugs seized by the police. According to the detective, nitazene, with an estimated weight of five kilograms, was Australia’s largest seizure to date. There were previous cases of protonitazene suspected to have caused overdoses and played a role in the death of a young man. However, Superintendent Rice noted that the dark web drug dealer was not connected to the death. The accused, who is currently in custody, is set to appear in court at a later date. Meanwhile, there have been several instances of crypto used for criminal activities on the dark web.
