A West Yorkshire resident, Simon Barclay, has been convicted of dealing millions of pounds worth of drugs on the dark web with cryptocurrency earnings.

Man Pleads Guilty to Drug Deals Involving Cryptocurrencies

Barclay, 41, pleaded guilty at Leeds Crown Court on Tuesday to a number of offences, including possession of Class A and B drugs and proceeds of crime stored in crypto assets valued at around £5.5 million. ($6.6 million) at the end of 2021.

According to a West Yorkshire Police report, Barclay’s illegal activities were first detected in 2021 by the Eastern Region Special Operations Unit (ERSOU), the UK’s national dark web criminal investigations division.

After months of investigation, the identity of the convict was discovered and ERSOU contacted the Yorkshire and Humber Regional Cyber ​​Crime Unit and Kirklees Police. The Yorkshire Cybercrime Unit and Kirklees Police began investigating further by monitoring Barclay’s routine drop-offs at a local post office from addresses connected to him.

In November 2021, the drug dealer was arrested by the precision officers of the Kirklees program. After his capture, authorities searched his property, including his personal computers, to uncover drugs and cryptocurrencies.

nine years in jail

Commenting on the case, DI Simon Reddington, an officer with the Kirklees Police Program Precision Team, said:

“Barclay’s use of the dark web proved to be the key to opening the door to its drug ring, and this operation truly demonstrates the effectiveness of information sharing between law enforcement and our national and regional partners.”

Simon Barclay was sentenced to nine years in prison for his crimes. The convict will also face a proceeds of crime hearing later this year. This will ensure the proper confiscation of his earnings and that he never derives any benefit from them after his prison sentence.

Crypto for drug deals

Barclay is not the first person to use cryptocurrencies for drug deals. Last year, CryptoPotato reported that Indian police arrested Makarand Pardeep Adivirkar, also known as the “King of Cryptocurrency,” for buying drugs on the dark web using Bitcoin.

In a more recent report, Germany seized $25 million worth of Bitcoin after shutting down the servers of Hydra, the world’s largest illegal dark web marketplace.

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