Mumbai: A guy suspected of allegedly obtaining narcotics over the European darknet has been detained by the Narcotics Control Bureau (NCB).
The NCB team, led by zonal director Sameer Wankhede and his crew raided Kharodi hamlet in Malad in November last year and recovered 20 blots of Lysergic acid diethylamide. NCB Zonal Director Sameer (LSD). Wankhede learned about Makarand Pardeep Adivirkar alias ‘Cryptoking’ who provided a platform for peddlers to get narcotics from abroad while questioning the accused who had been detained during the operation.
Sameer Wankhede told a news outlet.
“In November 2020, a team of NCB Mumbai had seized 20 LSD blots from Kharodi Village in Malad. The seized psychotropic substance was purchased from Europe by using bitcoin by a drug peddler from Mumbai,”
NCB sources reported that the confiscated narcotics were acquired using Bitcoins from the darknet. In different locations of Mumbai, the defendant found himself providing Bitcoins for narcotics buyers and reportedly assisted several of these transactions.
A report has been issued by NCB describing the methodology of the crime. The report stated that Makarand was given cash and then he facilitated the deal at a small amount. The agency did a comprehensive examination of all the deals conducted by Makarand because it is described as a highly harmful practice in society.
All of his electronic devices and mobile phones are being investigated, as well as the accounts he used for the selling and purchase of cryptocurrencies. NCB authorities have also written to the various crypto-monetary firms asking for details of all activities carried out by Makarand.
According to officials, dealers of narcotic substances and psychotropic substances are currently using Bitcoin for illicit drug trafficking globally, including LSD, heroin, hydroponic weeds, buds, and other psychotropic substances.
It has been discovered that cryptocurrencies have been used without having data of a person’s KYC. The Enforcement Directorate (ED) has begun an investigation into this matter.
According to a senior government official, drug dealers are increasingly using these networks to transfer money for narcotics and commit fraud, which may be disastrous if the issue is not regulated.