Close Menu
Cryprovideos
    What's Hot

    Charles Schwab Shoppers Betting Huge on Three Asset Teams for Q3 As Goldman Sachs Unveils 'Final FOMO' Commerce – The Each day Hodl

    August 2, 2025

    EigenCloud Expands Multi-Chain Capabilities with Enhanced AVS Design

    August 2, 2025

    Crypto Donations Maintain Flowing For Trump’s Tremendous PAC – Particulars | Bitcoinist.com

    August 2, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»India’s ‘Most Prolific Darknet Drug Syndicate’ Used Monero to Evade Cops – Decrypt
    India’s ‘Most Prolific Darknet Drug Syndicate’ Used Monero to Evade Cops – Decrypt
    Markets

    India’s ‘Most Prolific Darknet Drug Syndicate’ Used Monero to Evade Cops – Decrypt

    By Crypto EditorJuly 3, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    India’s ‘Most Prolific Darknet Drug Syndicate’ Used Monero to Evade Cops – Decrypt

    In short

    • India’s NCB arrested a 35-year-old Kerala engineer for allegedly operating the nation’s largest darknet drug syndicate, utilizing Monero to cover transactions.
    • Operation MELON seized 1,127 LSD blots, 131 grams of ketamine, and over $82k in crypto belongings linked to the community.
    • “It’s very arduous to develop whole privateness,” Decrypt was informed, with an professional noting that proof of prison transactions might be traced retroactively.

    India’s Narcotics Management Bureau (NCB) has dismantled what it calls the nation’s “most prolific darknet drug syndicate,” arresting a 35-year-old engineer from Muvattupuzha who’s accused of working the community single-handedly whereas his circle of relatives remained unaware of his unlawful actions.

    Edison, a mechanical engineer and Kerala native, was arrested Tuesday in an operation codenamed “MELON” that seized 1,127 LSD blots, 131.66 grams of ketamine, and cryptocurrency belongings value over $82,027 (₹70 lakh), the company tweeted.

    🚨 NCB BUSTS DARKNET KINGPIN – KETAMELON IN OPS MELON 🚨
    In a serious crackdown, NCB Cochin busted India’s solely Stage-4 darknet drug vendor, 🔥 KETAMELON 🔥, seizing:
    🔹 1,127 LSD blots 🧠
    🔹 131.66g Ketamine 💉
    🔹 ₹70 Lakhs in USDT 💰 (by way of {hardware} pockets)
    🔹 Darknet instruments: KITES… pic.twitter.com/KqvfXcw07h

    — NCB INDIA (@narcoticsbureau) July 1, 2025

    The suspect had allegedly been working because the nation’s solely ‘Stage 4’ darknet vendor beneath the moniker “Ketamelon” for the previous two years, in response to reviews in native media.

    Edison allegedly sourced medication from world suppliers, laundered proceeds by way of privateness coin Monero (XMR), and shipped narcotics to cities throughout India.

    Monero is a privacy-centric crypto designed to masks transaction particulars, making it a most well-liked cost technique for darknet drug sellers and cybercriminals.

    In a current weblog, blockchain analytics agency Chainalysis famous that darknet market operators, “have discovered the implications of operating BTC-accepting markets given the foreign money’s transparency,” including that, “Many now settle for solely Monero.”

    Chainalysis discovered that whereas 2024 was “doubtless a file yr for crypto crime income general,” inflows to darknet markets and fraud retailers fell, “with DNMs receiving simply over $2 billion in BTC on-chain, and fraud retailers $225 million.”

    “Exhausting to develop whole privateness”

    Nonetheless, specialists warning that privateness cash aren’t foolproof.

    Andrew Fierman, Head of Nationwide Safety Intelligence at Chainalysis, informed Decrypt that “whereas there are considerations of extra criminals transferring to privateness cash for anonymity, the overwhelming majority of prison exercise nonetheless makes use of mainstream cryptocurrencies, similar to Bitcoin, Ethereum, and stablecoins.”

    He famous these stay interesting to criminals “for a similar causes they enchantment to these utilizing them for official functions: it is cross-border, instantaneous, and liquid.”

    However, “It’s extremely arduous to develop whole privateness,” Fierman informed Decrypt. “It isn’t essentially the case that privateness cash are utterly nameless.”

    Privateness cash “function on an immutable ledger,” that means “proof of prison transactions will exist eternally,” he mentioned.

    The NCB’s bust follows a four-month investigation throughout which authorities tracked Edison’s operations, which allegedly included over 600 drug consignments to cities like Bengaluru, Chennai, Delhi, and Himachal Pradesh.

    Native media reported that Edison was “at present the biggest darknet vendor of medication in India,” sourcing narcotics primarily from UK-based vendor “Gunga Din,” believed to be the world’s largest LSD provider.

    The company famous that whereas Kerala sometimes sees fewer than 1,000 LSD blots seized yearly, Edison was allegedly distributing round 10,000 LSD blots throughout the nation every month.

    The NCB’s operation comes amid a worldwide crackdown on cybercrime infrastructure linked to cryptocurrency.

    Simply this week, the U.S. Treasury Division sanctioned Russian internet hosting supplier Aeza Group, accusing it of facilitating ransomware assaults and darknet drug markets that focused victims worldwide.

    Each day Debrief E-newsletter

    Begin daily with the highest information tales proper now, plus authentic options, a podcast, movies and extra.





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Charles Schwab Shoppers Betting Huge on Three Asset Teams for Q3 As Goldman Sachs Unveils 'Final FOMO' Commerce – The Each day Hodl

    August 2, 2025

    EigenCloud Expands Multi-Chain Capabilities with Enhanced AVS Design

    August 2, 2025

    Why Did Winklevoss Twins Demand Trump Drop CFTC Nominee?

    August 2, 2025

    SHIB Turns 5: From Meme to Milestone, the Shiba Inu Journey ‣ BlockNews

    August 2, 2025
    Latest Posts

    Small setups, large wins: Is solo Bitcoin mining making a comeback?

    August 2, 2025

    Bitcoin and Ethereum ETFs See Huge Setback After a Document Month

    August 2, 2025

    Czech ministry underneath hearth for accepting Bitcoin from convicted felony

    August 2, 2025

    Realized Value Principle Says $123,000 Is Not The Bitcoin Prime | Bitcoinist.com

    August 2, 2025

    Michael Saylor Touts Bitcoin-Tied Most popular Inventory as 'Excessive-Yield' Choice for Retirees – Decrypt

    August 2, 2025

    Bitcoin’s $115K Wrestle: Is a Deeper Drop on the Horizon?

    August 2, 2025

    Metaplanet Plans $3.7 Billion Elevate To Hit 210,000 Bitcoin Aim By 2027 Finish | Bitcoinist.com

    August 2, 2025

    Spot Bitcoin ETFs see second-largest outflow, Ether ETFs finish 20-day streak

    August 2, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Binance U-Flip: Widespread Crypto Asset Saved From Delisting Threat

    July 9, 2025

    Binance Futures Launches VINEUSDT and PIPPINUSDT Contracts | Reside Bitcoin Information

    January 26, 2025

    Greatest Pockets Tops the Charts as 2025’s Main Crypto Launchpad – Might It Outperform Business Giants?

    January 29, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.