Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people.
Per Chosun Ilbo, the Daegu Police Agency’s metropolitan investigation unit arrested 44 people connected to a suspected “overseas drug sales organization.”
The group of arrestees included both “drug dealers and buyers,” police spokespeople said.
The same police agency charged another four individuals – apparently unconnected to the “organization” – with similar crypto-powered drug trafficking offenses.
Officers said an unnamed individual, identified for legal reasons as “A” (age 31), worked as the organization’s “general manager.”
Police added that the organization was “international,” and had operatives working abroad.
Nine people, including A, were remanded in police custody. The remainder were released on bail pending a prosecution service investigation.
Police said that the group hired drug “mules,” who swallowed bags of narcotics or hid them in body cavities.
Officers said they were initially unaware of A’s existence, but began to close the net on the 31-year-old after investigating the organization’s lower-ranked operatives.
A was based in an overseas location, but South Korean police managed to track the “general manager” down by cooperating with international police forces.
Police spokespeople confirmed detectives had seized “over $1.7 million worth of drugs” in their raids.
The haul included hundreds of grams of methamphetamine, ketamine, and synthetic marijuana, and comprised some “27,000 doses.”
Detectives also seized cash and devices such as mobile phones and laptop PCs during their raids.
Officers said the group “shared drug transaction information” on TelegramRead more on cryptonews.com