Elliptic: Chinese laboratories are selling a fentanil abroad in exchange for BTC and USDT – Bits Media

According to the analytical company Elliptic, more 90 Chinese chemical laboratories, manufacturing opioid analgesic fentanil, sell it wholesale abroad, Accepting payment in bitcoins and USDT stabelcoins.

Elliptic researchers analyzed some Cryptocurrency addresses, with whom these organizations interacted. Analysts estimate, Over the past five years, crypto acts have been transferred to these addresses approximately $27 million, And over the past year, the number of transactions with them increased by 450%.

The head of the research group Tom Robinson (Tom Robinson) noted, what more 90 Chinese laboratories, Solding the Pogentanil precursors, advertised their products in a darknet, moreover 90% accepted payments in BTC and USDT. Robinson refused to name these companies, However, he noted, that Elliptic has transferred this information to law enforcement agencies.

Elliptic reported, that drugs were delivered to Mexico, Where could the drug carters import them into the United States. Analysts report also notes, that precursors of opioids, sold for tens of millions of dollars for cryptocurrencies, It will be enough for the production of fentanyl, which is enough for that, To kill every person on earth.

Most identified chemical suppliers had accounts on three cryptocurrency exchanges, working outside China, However, these exchanges were not indicated in the report. Elliptic also sent a notification to these trading platforms, providing a list of several hundred cryptocurrency addresses, who received crypto assets as a payment for products. Note, that in China, cryptocurrency trading and mining are banned.

Recall, that recently the US Senate has submitted a bill to combat the financing of terrorism. The draft law involves the creation of a target group to analyze suspicious transactions, which will include the Drug Control Department.