South Korean Customs Links Crypto and Telegram to Rising Drug Smuggling

South Korean Customs Links Crypto and Telegram to Rising Drug Smuggling

South Korean Customs officials have identified cryptocurrency and encrypted messaging apps, particularly Telegram, as key enablers of the rising drug smuggling in the country. In 2023, authorities seized 769 kilograms of illegal drugs, marking an 18% increase from the previous year’s 624 kilograms. This surge is attributed to the growing use of non-face-to-face transactions involving digital currencies like Bitcoin and altcoins, which complicate...

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