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.
