Serbian guilty of running $18M crypto drugs market
A 33-year-old Serbian man has pleaded guilty to creating a dark web marketplace that raked in $18 million by selling over 30kg of meth and a host of other drugs in exchange for various cryptocurrencies, according to the Department of Justice (DoJ). In 2019, Milomir Desnica launched Monopoly Market which, according to court records, presented itself as a typical online shop where users browse purchasable drugs under the categories of cannabis, ecstasy, opioids, prescriptions, and stimulants. Customers were required to buy the drugs with Crypto , such as Bitcoin or Monero, from individual vendors who made a commission on every sale. Desnica’s role included approving wannabe vendors. Police used crypto to buy drugs and expose the market In 2021, Monopoly Market began to collapse after US authorities placed several orders with the site and received over 100g of meth . Authorities in Germany and Finland subsequently helped seize the server hosting the site. Once confiscated, the co...