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: Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor
  • 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: Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor

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

solana price sol solusd

SOL Price Faces Key Support Amid Solana’s Rapid Network Expansion

Solana is testing investor confidence as the SOL price slips back toward key support levels, even as the network continues...

James Halver 4 hours ago
crypto bitcoin iran

Iranians Turn to Crypto as Economic Crisis and Sanctions Deepen

As Iran’s economy continues to strain under heavy sanctions, high inflation, and a weakening currency, many citizens are turning to...

James Halver 7 hours ago
Crypto

Crypto Chill: Sentiment Drops As US Lawmakers Stir Market Fears

The market mood in crypto cooled sharply after a quick spike in optimism. According to the Crypto Fear & Greed...

Christian Encila 8 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

Monero Triggers Retail Alert That Preceded ZEC And DASH Drops As Privacy Coin Hype Returns

Monero Triggers Retail Alert That Preceded ZEC And DASH Drops As Privacy Coin Hype Returns

Sebastian Villafuerte 47 minutes ago
Bitcoin

Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor

Ronaldo Marquez 1 hour ago
Bitcoin

Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why

Scott Matherson 2 hours ago

Premium Sponsors

Press Releases

  • 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?

    ...

    2 days 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...

    2 days 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

    ...

    2 days 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...

    2 days ago
  • XRP価格予測:SECの暗号資産ルールに反発するリップル 今後、法的枠組みを突破できるか

    ...

    2 days 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.