Dark Web Drug Dealer to Hand Over Bitcoin Millions After Plea Deal
A dark web drug dealer must forfeit $4 million in funds including bitcoin after pleading guilty in New York.
Five drug dealers who used cryptocurrencies to launder their funds were sentenced to varying jail terms on Monday.
The White House advisories state "convertible virtual currencies," particularly bitcoin, bitcoin cash, ethereum, and monero, are actively being used on dark net markets.
Here’s one token sale that’s almost certainly illegal, and not just under securities laws.
A man has been sentenced in San Diego, California, for conspiring to sell opioids and other drugs over dark web markets for cryptocurrencies.
The trio sold their products on the dark web and shipped as far as Australia.