South Korean Customs Link Rising Drug Smuggling to Crypto and Telegram

The post South Korean Customs Link Rising Drug Smuggling to Crypto and Telegram appeared first on Coinpedia Fintech News South Korean Customs officials say that drug smuggling has increased due to the use of cryptocurrency. In 2023, authorities seized 769 kilograms of drugs, up from 624 kilograms in 2022—an 18% rise. The South Korean Customs Service attributes this spike to the growing popularity of non-face-to-face transactions facilitated by digital currencies like Bitcoin and altcoins. …