How Do Drug Lords Buy Monero - Samuelpaganoto.com

Last Updated on August 22, 2023 by Paganoto

Monero, the Drug Dealer's Cryptocurrency of Choice, Is on Fire

A quick browse through the market today shows dealers of everything from stolen credit cards to heroin to handguns accepting the stealthier …

Monero, "Drug Dealers' Crypto of Choice" – YouTube

Meet Monero, the Currency Dark Net Dealers Hope Is … – VICE

Dark net drug dealers want a currency more anonymous than bitcoin, and Monero is gaining a bit of traction.

Latin American crime cartels turn to cryptocurrencies … – Reuters

How Binance became a hub for hackers, fraudsters and drug …

Previously, drug users tended to buy from street dealers with cash. … Hackers have used Binance to convert stolen funds into Monero.

Mexican Drug Cartels Sneak In $25 Billion A Year … – Bitcoinist

After dividing drug proceeds into little payments to avoid detection, the cartels use those accounts to purchase a succession of small quantities of bitcoin …

New Digital Currency Spikes as Drug Dealers Get More Secrecy

Monero similarly uses a network of miners to verify its trades, but mixes multiple transactions together to make it harder to trace the genesis …

Monero, the Drug Dealer's Cryptocurrency of Choice, Is on Fire

I don’t think it is a smart choice to become a drug dealer. … I recognize that some % of XMR will be used to buy heroin or whatever.

How bitcoin is fueling America's opioid crisis – CNBC

Drug dealers are using bitcoin to finance the deadly wave of … say Shamo is part of a new generation of criminals who buy and sell drugs …

Crypto Use Grows as Drug Trade Digitalizes – Cointelegraph

“One trend we are seeing is the increased acceptance of privacy coins such as Monero on dark markets where narcotics are available to purchase.

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Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.