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India Busts 'Most Prolific Dark Web Drug Group', Suspects Used Monero for Money Laundering
Summary: Indian Narcotics Control Bureau (NCB) has arrested a 35-year-old engineer from Kerala suspected of running the country's largest dark web drug group and using privacy-focused cryptocurrency Monero (XMR) to conceal transactions. In an operation codenamed 'MELON', authorities seized 1,127 LSD blots, 131.66 grams of ketamine, and over $82,027 worth of cryptocurrency assets. The suspect, identified ...
Indian Narcotics Control Bureau (NCB) has arrested a 35-year-old engineer from Kerala suspected of running the country's largest dark web drug group and using privacy-focused cryptocurrency Monero (XMR) to conceal transactions. In an operation codenamed 'MELON', authorities seized 1,127 LSD blots, 131.66 grams of ketamine, and over $82,027 worth of cryptocurrency assets. The suspect, identified as Edison, operated under the alias 'Ketamelon' for the past two years, sourcing drugs from global suppliers and laundering money through Monero to distribute drugs across India. Despite Monero's privacy features, experts note that privacy coins are not entirely anonymous, and evidence of criminal transactions can still be traced.
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Link: India Busts 'Most Prolific Dark Web Drug Group', Suspects Used Monero for Money Laundering [Copy]