$ 29,582.00 1.11%
$ 1,959.10 0.36%
$ 48.15 2.31%
$ 0.082825 0.79%
$ 7.41 0.62%
$ 1.39 1.97%
$ 0.000184 13.67%

Crypto drug selling trio gets 20+ years in UK prison

US drug crypto arrests

Three men in the United Kingdom have been arrested and charged with the sale of illegal narcotics via the dark web through Bitcoin payments.

The “Project4” drug ring had been operational for over a year, with a man named Colin McCabe leading the whole gig.

The trio was selling Class A drugs including cocaine, ketamine, and cannabis. They were apprehended by the UK police on August 9th and have been sentenced to 20+ years of prison.

The leader himself, McCaleb, received 12 years, while others got 10 years and 1 year respectively.

It has also been reported that the estimated revenue from these drug sales is around 1 million pounds and that the “dealers” were reaching as far as Australia in terms of customers.

The police chief mentioned that Project4 was one of the most well-organized drug rings he had ever seen, but remained confident in the UK’s competence in cybersecurity.

The trio was caught due to a DNA analysis on one of the “packages” that led the police to McCaleb and later to other accomplices.

Selling drugs with Bitcoin has been becoming quite apparent in the European Union as several rings have been apprehended just this Summer.

There was the case with Germany as well as a Spain-based groups trafficking drugs via open borders and receiving payments in Bitcoin to stay under the authorities’ radars.

Giorgi Mikhelidze

Giorgi Mikhelidze

Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. A brief stint with Finance Makers and he's now covering crypto news for high authority websites with the tip learned from past experience, "Whenever you see people talking about the weakness of your idea, don't see it as criticism."

Related News

Hot Stories

Terra (LUNA) Rebounded over 1000% in A Day? — Can Investors Expect Any Ray of Hope?
XRP Price Prediction 2022-2030 [After Lawsuit]
Here's why attorney Jeremy Hogan believes Ripple lawsuit is nearing 'endgame'
Bitcoin price analysis: BTC rejects downside at $29,000, another rally incoming?
Solana Price Prediction 2022-2030: Is SOL a Good Investment?

Follow Us

Industry News

The UpLift DAO team joined a closed VIP Discussion with Dr Gavin Wood on what it takes to Build a Better Web3
Mastercard backs crypto despite market decline
Flowcarbon, Adam Neumann's crypto project, raises $70 million in A16z’s funding round
CAR set to launch its crypto hub
FED report finds 46% of American crypto holders earn over $100k