Chinese Website Suspected of Scamming US Fentanyl Buyers While Generating Millions in Crypto Revenue
• Chinese website ShanghaiChemicals sells fentanyl ingredients, is suspected of scamming US drug dealers who try to buy in bulk • A DEA source attempted to buy $2,500 of fentanyl but never received it after 2 years
• ShanghaiChemicals crypto accounts handled $450M+ in transactions from 2017-2022
• ShanghaiChemicals may be one of the biggest Chinese opioid markets, generating millions in crypto revenue
• US is cracking down on Chinese suppliers like ShanghaiChemicals fueling the fentanyl crisis killing Americans