Category: Drugs

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No Evidence of Crypto-Related Charge in Maduro Drug Cases

Contrary to initial inspection, recent allegations against Maduro and other Venezuelan brass do not directly involve cryptocurrency. Several Venezuelan leaders recently came under fire for alleged criminal acts, although, contrary to initial impressions, the situation did not directly involve cryptocurrency usage. “Maduro and his co-defendants are not alleged to have been involved with crypto, directly,”…
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Coronavirus, Drug Dealers and Buffett’s BTC: Bad Crypto News of the Week

Coronavirus keeps marching on the planet, drug dealers lose millions of dollars in BTC, while Tyler Winklevoss experiences his “Bitcoin pizza moment.” Check the bad crypto news of the past week The experts have had a rough few days. Anthony Pompliano, co-founder and partner at Morgan Digital Creek, spoke to CNN about Warren Buffett’s poor…
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Big Pharma Urges FDA to Use Blockchain for Drug Tracking

MediLedger, a working group comprising 25 major companies operating in the pharmaceutical supply chain has completed a pilot program with the US FDA. 25 leading pharmaceutical manufacturers, distributors, logistic partners, and other representatives of the pharma supply chain have published a report arguing in favor of adopting blockchain technology to track and trace prescription drugs…
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OSCE Sponsors Cryptocurrency Course for Central Asia Law Enforcement

The OSCE held a five-day course for Central Asian law enforcement representatives that taught them how to prevent drug-related crime facilitated by the darkweb. The Organization for Security and Cooperation in Europe (OSCE) conducted a training course on combating darkweb-facilitated crime. Law enforcement representatives from Central Asian countries were taught how the darkweb and cryptocurrencies…
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Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says

Oksana Markarova, Ukraine’s Finance Minister, names the local authority that will be able to track the sources of origin of crypto funds. Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice on the country’s Ministry of Finance says. Oksana Markarova, Ukraine’s Finance Minister, reportedly said that…
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China’s Zhejiang Processes $6M via DLT Medical Billing Platform

China’s Zhejiang province processed $5.9 million via a blockchain medical billing platform using Ant Financial’s blockchain tech. China’s Zhejiang province has processed nearly $6 million via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s…
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Crypto News From Japan: Nov. 11–17 in Review

In this week’s news from Cointelegraph Japan, a new association promoting crypto assets in antiquing was born and a well-known trader was arrested. In this week’s selected cryptocurrency and blockchain-related news from Japan, a new association promoting crypto assets in antiquing was born, a well-known cryptocurrency trader was arrested and the Kyoto University started participating…
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US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin

Following a guilty plea, a U.S. court has ordered a dark web drug dealer to give up over $150,000 in Bitcoin. A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000 at press time. The plea, order and sentencing…
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Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade

Former Iraqi interpreter for the U.S. military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto. A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine. Drugs paid for…
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