Binance Assists India's NCB in Freezing Crypto Assets of Dark Web Drug Network Team Kalki

Binance and DSCI aided Indian authorities in tracing and freezing crypto assets linked to the Team Kalki dark web drug ring, highlighting blockchain's utility in law enforcement.

Woofun AI reports that Binance and the Data Security Council of India (DSCI) provided blockchain analysis and wallet tracking to assist the Indian Narcotics Control Bureau (NCB) in dismantling the suspected dark web drug network Team Kalki. Investigators utilized this data to trace crypto fund flows, identify associated wallets, and freeze related assets. The network reportedly used Session, Dread, and "dead drop" methods for distribution, leading to the seizure of thousands of narcotics. Binance CEO Richard Teng confirmed on July 27 that the exchange assisted in combating the network by tracking on-chain fund flows.