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South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence

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A South Korean man was handed a host of punishments after a court found him guilty of buying narcotics online – using bitcoin (BTC).News1 reported that the man, aged 43 but unnamed for legal reasons, was convicted by a branch of the Chuncheon District Court Criminal on charges of violating drug management laws.The court heard that the man had bought methamphetamine (also known as crystal meth) on a total of eight occasions from August 13, 2020, to April this year.

In each case, the man paid dealers in bitcoin.The presiding judge, Song Jong-seon, handed the man a 10-month suspended jail sentence, in addition to three years of probation.

The man was also ordered to attend a 40-hour drug treatment course and pay a fine of almost $2,190.South Korea has some of the strictest narcotics laws in the world.

But – until recently – the police had found themselves outwitted by tech-savvy drug traders. Using darkweb portals, buyers have been able to find the contact details of vendors.Then, using the Telegram messaging app, they have set up payments – all conducted in BTC and altcoins.

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