Crypto
Man accused of making $1.4m dealing drugs on the dark web for crypto to face NSW court
A person charged with promoting medication for cryptocurrency on the darkish net will face courtroom on the New South Wales Mid North Coast at this time.
Key factors:
- The 55-year-old man is going through eight fees, together with supplying unlawful medication and shopping for a property with the proceeds
- Police allege he made greater than $1.4 million by promoting hashish on-line
- The person was refused bail and can seem at Kempsey Native Court docket at this time
Police will allege the 55-year-old obtained greater than $1.4 million in cryptocurrency in alternate for medication greater than 450 occasions between March 2018 and April 2023.
Detectives from the State Crime Command arrested the person in a carpark in Kempsey yesterday morning after a months-long investigation into alleged drug offers utilizing darkish net marketplaces.
A house was later searched at Yarravel close to Kempsey, the place police allegedly discovered hashish vegetation and seeds, virtually to $4,000 in money and about $1,000 value of cryptocurrency.
The person is going through eight fees, together with provide prohibited medication, domesticate prohibited plant and cope with property proceeds of crime.
It has additionally been alleged the person used among the cryptocurrency to purchase property.
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