South Korean ‘Crypto Drug Dealer’ Jailed for 7 Years
A South Korean court has sent a drug dealer who sold narcotics to crypto-paying “customers” to jail for seven years.
Per the news agency Yonhap, the Criminal Division of the Busan District Court also ordered the unnamed individual – referred to by the media as “A” – to pay a fine of over $9,000.
The court further ordered A to attend a 40-hour narcotics treatment and rehabilitation program.
A denied all charges of selling drugs, but admitted to taking narcotics including ketamine.
Prosecutors said A “distributed drugs” using “dead drop” methods. The court heard that A regularly hid bags of narcotics “in water meters and public flower beds.”
The court heard that A asked to be “paid in virtual currency to leave no trace” for investigators.
The prosecution added that A had “conspired” with another drug dealer to sell narcotics “in small quantities” in the capital Seoul.
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