A New Jersey man has been sentenced to 12 years in prison for using Bitcoin to pay Chinese fentanyl suppliers, according to reports. The scheme involved distributing drugs disguised as counterfeit pharmaceutical pills across New Jersey. Eight co-defendants have already pleaded guilty in connection to the case. The development highlights the intersection of cryptocurrency and illegal activities, raising concerns about the use of digital assets in facilitating illicit trade.

A New Jersey man has been sentenced to 12 years in prison for using Bitcoin to pay Chinese fentanyl suppliers, according to reports. The scheme involved distributing drugs disguised as counterfeit pharmaceutical pills across New Jersey. Eight co-defendants have already pleaded guilty in connection to the case. The development highlights the intersection of cryptocurrency and illegal activities, raising concerns about the use of digital assets in facilitating illicit trade.