NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: What's Next For Bitcoin? Two Key Scenarios: Will It Crash To $60,000 Or Surge To $100,000?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: What's Next For Bitcoin? Two Key Scenarios: Will It Crash To $60,000 Or Surge To $100,000?

Large Scale Dark Net Drug Operation Discovered in Finland

Gautham
Gautham
Last Updated: October 7, 2020 11:30 am
2 mins read
finland customs

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Finland’s Customs department has announced that it has uncovered the largest drug trafficking organization in the country. A press release published on Friday, August 26, 2016, by the Finnish Customs, states that the department has detained three people on suspicion of importing large quantities of banned substances into the country.

According to the release, these three detainees are suspected of importing more than 3 million euros’ worth of narcotics in different forms over a period of two years. They are said to be part of a dark net marketplace operating in Finland.

The dark net marketplace along with its associated online stores have been operating since 2014 over anonymous Tor network. They were also linked to sales on the now-defunct Silk Road marketplace. The suspects were apprehended by Finnish Customs after conducting a joint investigation in cooperation with the law enforcement agencies from Netherlands, USA, Germany, Latvia, and Europol.

Finnish Customs also reports the seizure of large amounts of cash in euros, an unspecified number of bitcoins and movable property amounting to about 1 million euros. The department estimates the total amount of drugs smuggled in so far to be around 40 kilograms of narcotics in powder form (amphetamine, methamphetamine, heroin, cocaine, MDMA powder, alpha-PVP, MDPV etc.) along with 40000 ecstasy tablets, 30000 LSD blotters and various other designer drugs. All these, yielding over 10 million doses were then sold over the dark net for over 2 million euros.

The dark net organization is said to have communicated with the buyers over PGP encrypted channels. Once the payment is received in Bitcoin, the consignment was delivered through domestic postal consignments and to pre-specified nest boxes and other caches (dead drops).

Earlier this year, the department seized 15 kilograms of narcotics worth over 1.1 million euros in street value while it was being imported from Netherlands. The suspects are currently awaiting trial as the Finland Proper District Court considers the charges by the end of next month.

Bitcoin has been the favored currency for dark net transactions involving drugs, weapons, and other contraband. The belief that Bitcoin transactions are anonymous has made it popular for such dealings. However, Bitcoin transactions are pseudonymous at best and it can be tracked by using a combination of tools. As new tracking tools emerge, the conviction rate for selling illegal substances on the dark net is also expected to increase in the near future.

Ref: Finnish Customs | Image: Yle Uutiset

 

Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

trump ethereum eth ethusd (1) uniswap

Ethereum Faces High-Stakes Moment at $2,200 as Whale Longs Clash With Bearish Flow Data

Ethereum (ETH) has entered a decisive phase after a sharp sell-off erased much of its recent gains and pushed the...

James Halver 2 hours ago
solana price sol solusd

Solana Price Forecast Turns Bearish After $100 Breakdown, Can Next Support Stop the Slide?

The Solana price has entered the new month under pressure after losing a level that had acted as a psychological...

James Halver 5 hours ago
Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal

Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal

Raoul Pal is pushing back on the idea that crypto’s current drawdown signals a broken market cycle, arguing instead that...

Jake Simmons 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin news

70% Bitcoin Crash Incoming? CryptoQuant CEO Says It Depends On This

Jake Simmons 45 minutes ago
bitcoin

Bitcoin ETF Investors Pull Nearly $3 Billion, Pushing Average Buy Below Water

Christian Encila 1 hour ago
Bitcoin Price Attempts A Comeback

Bitcoin Price Attempts A Comeback, But Follow-Through Remains Thin

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • CreditBlockchain

    CreditBlockchain cloud mining helps users earn up to 0.078...

    14 hours ago
  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    3 weeks ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    3 weeks ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    3 weeks ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    3 weeks ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.