Drug Traffickers Are Increasingly Using Crypto in China
In 2021, China’s anti-drug departments “earnestly implemented” General Secretary Xi Jinping’s instructions on reducing illicit drug use. The measures have resulted in success by most standards. Although drug crimes and drug abuse have generally decreased, the Chinese government has noted an increase in drug money laundering via cryptocurrencies. In addition, people are increasingly turning to the internet to buy and sell drugs.id="general-figures">General Figures [list]
“neither fear hardship nor death”
<h2 id="postal-system">Postal System </h2>
According to the report, the decrease in domestically available drugs changed how drug traffickers operated. Traditional methods of drug trafficking decreased while the use of the postal system and waterways increased. People used the internet to buy drugs more frequently than in previous years, although the report did not reveal the size of the increase.<h2 id="internet-based-drug-trafficking">Internet-Based Drug Trafficking </h2>
Police arrested 0.8 million people and seized 0.5 tons of drugs in connection with online drug trafficking, accounting for 10.4% and 2% of the national total. Of the 800,000 arrests, authorities secured only 500,000 convictions.<h2 id="cryptocurrencies">Cryptocurrencies </h2>
As the online drug market expands, people are increasingly using cryptocurrencies, game coins, and other online payment methods to pay or receive drug payments.
According to the report’s conclusion, China’s anti-drug sector will continue to adapt to the changes in the drug trafficking environment. Targeting internet-based drug trafficking is one of the sector’s top priorities.
[em]China Drug Crime Report 2021[/em] | archive.org, nncc626.com
useless, u say? perhaps elaborate MOAR plz, what specifically makes kike gold btc bad and moNIGGERero good? now, as I never read the replies, as I am too busy making sure my darknet bounty cases go to trial for the lulz and a government pension, so I will assume you wrote a novel of text of circular logical fallacies, limited to 1000 characters in multiple posts each crazier than the last, complete with ad hom attacks with snarl words naturally, against anyone who points out the current banking system is required to "cash" out, and if pushed further on this, it just usually devolves to authoritarian-cryptolibertarian wordsalad of personality disordered mental illness... but I digress. Keep believing y'all will never be caught. That old mainframe the IRS uses ain't nothing compared to the tech we got these days. I mean y'all gonna find out why you don't have healthcare. Rules for thee and all that. 😫8✊===D💦
@e92a6f61 It maybe was useful in the past but not now. Especially with all exchanges requiring KYC procedure before dealing with them. Bitcoin is not anonymous and is really useless to go into all that process to buy some satoshis while you can buy cheaper with credit card/paypal or by wire transfer. Why the rules for thee but not for me? did you mistake me with some democrat voter? I am not even an American and I speak about cryptocurrencies here nothing else.
wow. it sounds like china has no interest in chasing petty drug users and locking up a large percentage of its' populace.. those numbers are astounding. i know for a fact that the chinese love love love their drugs..
The price of monero should shoot back up with Hydra back online there now using Monero
What's with the comment spam on almost all of your articles? It will degrade the quality of posts, you should clear those out.
china produces fentanyl to kill Americans they dont give a fuck about drugs these #'s are horseshit
bullshit,they use USDT instead of XMR BTC.
Chinese internet, like pretty much all non-English internet and especially Asian counterpart, is poorly documented in English so when out of nowhere you read news like this (or after reading about Great Firewall and how everything is blocked and poor chiggers can't use darknet) it's surprising. I tried to imagine myself as living in China and their internet is so censored that I guess I wouldn't even learn about Tor or darknet in general. Yet things happen in China, things that are criminal in nature, similar to the rest of the world. They say Russian internet is censored but compared to China it's Wild West. Well, I will never be or learn Chinese so probably many things will be left unsolved for me.
Should'a used Moreno! oh wait...
***I saw the prettiest girl rip ass like a donkey today, while waiting in line at Starbucks, life changing experiences like these make a man a man***
good! that will increase monero price which is extremely low compared to the useless bitcoin.