Three men in India who used bitcoin to buy cannabis from Canada via the darknet and sold the weed at a big profit were arrested earlier this week.
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At about 11:15 a.m. on Nov. 8, police report that three people were apprehended at a home in Shalimar Bagh, New Delhi. Once inside, crime branch officers discovered 1,873 grams of “fine quality Canadian ganja” valued at Rs. 35 lakhs ($59,500), the police statement notes.
But the purchase price for the illegal cannabis was far less than its potential value on the streets. “The selling price of the seized consignment is approximately Rs. 40,000 ($680) to Rs.
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