South Korea arrests 9 people for drug trafficking using DarkCoin

On December 23, 2018, the Seoul Prosecutor's Office reported that the arrested criminals were using a darknet site to sell drugs. All accused are reportedly between 20 and 30 years old.

Access to such sites on the darknet is possible only through special browsers and tools. Increased anonymity and encryption allow users to make transactions without revealing their identity, so the network is often used by criminals for illegal trading.

According to the case file, criminals operated a site that had approximately 636 active members from March 2018 to November 2018. During this period, the site sold drugs approximately fifty times and was subsequently closed by local authorities. The confidential coin DarkCoin was used for trading. Prosecutors are now trying to confiscate 100 million won ($88,700) obtained from this trade.

Criminals often use privacy coins such as Monero (XMR) and Zcash (ZEC) in their transactions. In this regard, on November 30, 2018, the Small Business Innovation Research (SBIR) Program of the US Department of Homeland Security published a draft document on de-anonymization of private cryptocurrency transactions.

On June 29, 2018, BTCManager reported that a federal investigative jury The United States has charged two men who illegally manufactured and sold alprazolam (Xanax) tablets for Bitcoin.

March 19, 2018, Japanese cryptocurrency exchange Coincheck has stopped supporting privacy-focused coins Monero, Dash and Zcash.

According to btcmanager.com