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India dismantles the "most productive dark web drug cartel", suspects use Monero for Money Laundering.
ChainCatcher news, the Narcotics Control Bureau (NCB) of India has arrested a 35-year-old engineer from Kerala, who is suspected of operating the country's largest dark web drug syndicate and using privacy crypto assets Monero (XMR) to conceal transactions. In an operation code-named "MELON", authorities seized 1,127 LSD stamps, 131.66 grams of ketamine, and crypto assets worth over $82,027. The suspect Edison has operated under the nickname "Ketamelon" for the past two years, purchasing drugs from global suppliers and laundering the drugs through XMR, transporting them to various locations in India. Although XMR is privacy-focused, experts point out that privacy coins are not completely anonymous, and evidence of criminal transactions can still be traced.