US Court Orders Dark Web Drug Dealer to Forfeit $150Ok in Bitcoin

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A United States courtroom has ordered Christopher Bania, who just lately pleaded responsible to drug distribution, to hand over nearly 17 Bitcoin (BTC) — value roughly $150,000 at press time.

The plea, order and sentencing

Per the Oct. 19 order from a courtroom in Wisconsin, Bania will want to forfeit “Roughly 16.91880054 Bitcoin seized from Bania’s ‘Native Bitcoins’ account.” Although value roughly $153,100 as of publication, it’s a lot lower than the 124 BTC that the courtroom is returning to the defendant, alongside varied different cryptocurrencies and over $50,000 in money seized from his residence upon arrest.

Although initially charged with cash laundering, importation of managed substances and sustaining a drug property, Bania’s plea on Sept. 6 was to the one cost of possession of managed substances with intent to distribute, which carries a most sentence of 20 years in jail. 

Bania’s plea admits to promoting marijuana, cocaine, MDMA and LSD on the darkish internet. Nevertheless, he denies distributing the methamphetamines, heroin and cocaine base that authorities additionally discovered at his dwelling. 

U.S. border patrol initially launched the investigation into Bania’s dealings after intercepting two packages from Belgium containing MDMA. Investigators have been in a position to hint Bania’s use of darkish internet distribution networks thanks to his transaction notebooks, which the courtroom filings describe as “meticulous.”

Sentencing is presently scheduled for Dec. 9. 

Different current darkish internet prosecutions in the U.S.

A pair in California pleaded responsible to related costs in August, as Cointelegraph reported on the time.

Close to the top of July, a Florida man admitted to working an enormous opioid distribution community on-line. The courtroom in that occasion fined him over $four million.



Source link Coin Telegraphs

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