South Korean ‘drug lord’ extradited as authorities target Bitcoin trail
South Korean ‘drug lord’ extradited as authorities target Bitcoin trail
South Korea has extradited alleged drug kingpin Park Wang-yeol from the Philippines and placed him under a joint drug crime task force.Investigators will scrutinize Bitcoin wallet activity to trace at least 6.8 billion won (about $5 million) in confirmed proceeds and search for far larger hidden assets.The case showcases how Korean law enforcement now leans on blockchain forensics to unwind complex, cross-border narcotics networks.