S Korean Crackdown Has Not Dampened Youth’s Thirst for Bitcoin-powered Drug Dealing
Crypto-powered drug trading is still booming in South Korea – and a recent police crackdown on online Bitcoin (BTC) and altcoin drug deals has done little to dampen the demand for web-traded narcotics. Per Kuki News, Twi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per Kuki News, Twitter and Telegram are still rife with posts from South Korean drug dealers seeking clients – and would-be buyers looking for dealers. Many dealers wrote that they could offer “nationwide delivery.”...
Read More: S Korean Crackdown Has Not Dampened Youth’s Thirst for Bitcoin-powered Drug Dealing
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans
Bitcoin Magazine South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans Jeonbuk Bank has become the first bank in South Ko...
Ripple targets trillion-dollar securities markets with new US brokerage and South Korean deals
Ripple calls Meritz its fourth Korean institutional partner this year, with custody and tokenization cooperation to widen as regul...
Bitcoin, ether slip and rebound as South Korean stocks slide on AI-related concerns
Investors are positioning ahead of today's bank earnings reports and Wednesday’s U.S. inflation data.
South Korea Exchange Ban Hits KuCoin, MEXC and 25 Other Platforms
South Korea Financial Intelligence Unit (FIU) disclosed that authorities had ordered a domestic access ban on 27 websites operated...
South Korea’s Jeonbuk Bank Lends Won Against Bitcoin, Using Court Sales for Defaults
Jeonbuk Bank, a regional South Korean lender, has extended a corporate loan in won secured by Bitcoin, under a setup in which the...
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the crypt...