US District Attorney Charged Three Individuals for Laundering $2.3M in Bitcoin

The Manhattan district attorney has indicted a bunch of people with supposedly selling drugs and laundering millions of dollars with bitcoin (BTC). The development has been declared in a media release published on April 16.

Manhattan District Attorney Cyrus R. Vance, Jr., the United States Secret Service, the U.S. Postal Inspection Service (USPIS), and U.S. Homeland Security Investigations (HSI) have whined Chester Anderson and his criminal accomplices Jarrette Codd and Ronald Maccarty. The defendants allegedly operated shops on the dark web that delivered and sold”hundreds of thousands” of pills of counterfeit medication.

Authorities captured 420,000 into 620,000 alprazolam pills, 500 glassines of fentanyl-laced heroin and amounts of methamphetamine, ketamine and gamma-hydroxybutyric acid (GHB), amongst others. This was the largest such seizure by police at New Jersey state background.

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Since the release claims, the alleged offenders supposedly was able to market the medication to buyers in 43 nations and launder $2.3 million in bitcoin using preloaded debit cards and withdrawing money at automated teller machines (ATMs). The people reportedly withdrew over $1 million. The defendants ertr billed in a New York State Supreme Court with Conspiracy in the Fourth and Fifth Levels, in Addition to Money Laundering in the First Degree.

It is not the first-time cryptocurrency was used to gas illegal dark net operations and it definitely will not be the final. However, if this narrative proves anything it is that US law enforcement is closely tracking the net's underworld, and it will not do to only utilize BTC in order for offenders to cover their own tracks.

Just recently, a national jury convicted two alleged cybercriminals of malware to steal credit card credentials and illicitly mine cryptocurrency. The infected computers reportedly registered over 100,000 AOL email accounts which were used to disperse the malware farther with countless emails delivered to the addresses that were stolen.

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