Questions tagged [drug cartels]

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CryptoChieftain CryptoChieftain Sat Oct 19 2024 | 0 answers 0

Do drug cartels use crypto?

I've heard about drug cartels and their illegal activities, and I'm wondering if they use cryptocurrencies like Bitcoin for their transactions. Can someone tell me if drug cartels actually use crypto and how they might benefit from it?

Do drug cartels use crypto?
Alessandro Alessandro Sat Jun 08 2024 | 5 answers 1645

Do cartels use cryptocurrency?|The drug cartels and the traffickers sell their deadly drugs in the darkest marketplaces, and . And drug kingpins buy weapons and cars and make payoffs, again, using crypto.they get paid in crypto to the tune of about one and a half billion dollars in 2022

Could you elaborate on the involvement of cartels in the realm of cryptocurrency? It's intriguing to hear that drug cartels and traffickers engage in the sale of their hazardous narcotics in shadowy marketplaces. Could you further explain how these illegal organizations utilize cryptocurrencies in their operations? Specifically, how do drug lords purchase weapons, cars, and make payments using digital currencies? Moreover, what's the estimated amount of cryptocurrency these cartels received in 2022? It would be fascinating to gain a deeper understanding of this intricate connection between the criminal underworld and the world of cryptocurrency.

Do cartels use cryptocurrency?|The drug cartels and the traffickers sell their deadly drugs in the darkest marketplaces, and . And drug kingpins buy weapons and cars and make payoffs, again, using crypto.they get paid in crypto to the tune of about one and a half billion dollars in 2022

|Topics at Cryptocurrency Q&A

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