A South Korean drug lord, born in the 2000s, was sentenced to 20 years in prison for laundering millions of dollars using Bitcoin.

A South Korean drug lord, born in the 2000s, who used cryptocurrency for money laundering and drug trafficking, was sentenced to 20 years in prison and fined $4.2 million by the Ulsan District Court. Three of his accomplices were sentenced to prison terms ranging from 30 months to three years.