Co-founder of dark web marketplace Empire Market sentenced to 40 years, 1,230 BTC confiscated

PANews October 9 news, according to CoinDesk, Raheim Hamilton, co-founder of the darknet drug marketplace Empire Market, was sentenced by a U.S. federal court to 40 years in prison and a $5 million fine, and forfeited 1,230 BTC (approximately $101 million). The platform completed more than 4 million drug transactions between 2018 and 2020, with a total value exceeding $430 million. Another co-founder, Thomas Pavey, has pleaded guilty and forfeited 1,584 BTC.