Armenia’s Investigative Committee uncovered that a group engaged in online drug sales laundered nearly 29.3 million drams through crypto and bank transfers.
According to investigators, from November 2021 to April 2025, A.A. and accomplices used the Telegram app to acquire and distribute large quantities of MDMA, marijuana, and cocaine. Buyers who placed orders online received instructions to transfer payments to cryptocurrency wallets.
In addition, A.A. separately purchased 9.47 grams of cocaine for resale. Through crypto wallets and bank accounts, the group collected 29,292,406 drams in illicit proceeds.
Criminal prosecution has been launched against A.A. under Article 393(3)(2) (large-scale illegal drug trafficking for distribution) and Article 296(3)(3) (large-scale money laundering). He has been placed in pre-trial detention.
The case against one individual has been forwarded to the supervising prosecutor with an indictment for submission to the court.
Note: A defendant is presumed innocent until proven guilty by a court’s final verdict.
