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Cryptocurrency, dark web marketplaces interlinked with illicit drug trade: SFU study

SFU criminology professor Richard Frank says cryptomarkets - a new-age type of transaction - are proving to be an attractive alternative to traditional in-person drug dealing.

Transcripts for FOXNEWS FOX and Friends Saturday 20240604 13:43:00

in the 1950s by doctor paul janssen, it was used internationally in the surgeries. really controlled early on in the united states. pete: there was a lot of resistance from the federal drug administration in the united states because it was so potent. for years it was not allowed in the united states. it was used in europe but made its way in to the illegal drug market and eventually allowed to be legal aspect of medicine here when it was added to other things that made it safer. will: in 2,000, the opioid crisis begins, people becoming addicted to opioids, pills pushed by doctors and pharmaceuticals across the country. pete: i recently had minor surgery, and i got a little bit of fentanyl. it is something that they have used. it has gone sideways. will: it becomes part of the illicit drug market as a cheap alternative to the opioid crisis. look at this. this is the global trade in fentanyl.

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