First Instance of Bitcoin and Dark Net based Drug Trafficking Detected in India

India has registered its first case of illegal drug trafficking over the darknet using bitcoin as the mode of transaction. The country which has been slow in the adoption of digital currency in comparison with other nations has finally caught up with the global trend.

The reports of increased activity of darknet-based drug traffickers within the country were reported by the Indian anti-narcotics agency, Narcotics Control Bureau. Narcotics Control Bureau is the Indian equivalent of US DEA which is responsible for law enforcement and intelligence against drug trafficking and abuse of illegal substances.

According to the agency, there are currently two syndicates which are involved in the drug trafficking operations who are under the NCB’s scanner. The Director General of NCB, RR Bhatnagar was quoted by the Indian Press saying,

“For the first time, we have detected drug traffickers using the dark net and Bitcoin for running the illegal drug racket in India. I can tell you that our investigations have shown that some of these operatives are based in the country. We are probing them,”

Bitcoin has been the most favored currency of criminals and drug traffickers on the darknet for ages. Large deep web e-commerce sites like Silk

Read more ... source: TheBitcoinNews