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Bitcoin Narcotics Trade trial against Alleged Druglords of Darknet

The suspected traders involved in the drug market with the Bitcoin-Enabled darknet narcotics are subject to be on trial.

With a large number of first defendants, in this case, the trial took place in the congressional building in Gieben, which was large enough to begin the proceedings.

A total of 11 people were arrested in June 2019 in connection with this case while seven defendants were on trial.

They were accused of selling large amounts of drugs – including MDMA, amphetamine, heroin, cocaine, and cannabis – to consumers in exchange for Bitcoin (BTC).

The Frankfurt prosecutor’s office claimed that during the chemical revolution between September 2017 and February 2019, 11 defendants traded more than 130 kg of amphetamine, 42 kilograms of marijuana, 17 kilograms of ecstasy, 6 kilograms of cocaine and kilograms of heroin.

Their profits are estimated at more than 1 million euros, which is considered the largest drug trafficking in the country.

Complexity within the illegal operating network

The month-long investigation that ended with site closure, drug seizure, and arrests last June began in early 2018.

German police have infiltrated the complex network of supply chains and administrative structures behind the site with the help of undercover officers and the purchase of fake drugs, as well as insiders.

The main cause of the allegations in the case of the chemical revolution is a 26-year-old German living in Mallorca.

According to prosecutors, the appellant was involved in “various points in the supply chain” in site operations, from platform administrators to couriers to salespeople.

A federal police survey published in September 2019 about online drug trafficking showed a 27.5% increase in drug-related crimes in 2018 compared to the previous year, according to German news agency Deutsche Welle.

Software for anonymity, encryption, and support for Bitcoin purchases must facilitate the operation of the website online.

Earlier reporting, in this case, showed that chemical revolution traders also sold through the Wall Street Market, the world’s second-largest black web market, which was also closed by German police last spring.

According to a study published by the blockchain chain analysis company in January, total sales of the black cryptocurrency market peaked in 2019, exceeding $ 600 million for the first time.

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