Money Laundering Through Bitcoin

Caught and Led to Astonishing Discoveries.

Shehryar Hasan reports:  After an undercover investigation, Cyprus R. Vance, the district attorney of Manhattan, has indicted money launderers and dark web drug dealers who reportedly sold and shipped drugs to 43 states in the U.S. and laundered $2.3 million using bitcoins.

Chester Anderton, Jarrette Codd and Roland MacCarty were indicted for dealing in Xanax tablets and other controlled substances like fentanyl-laced heroin, methamphetamine, ketamine, alprazolam, steroids, and pill presses on the dark web. They reportedly sold these drugs to 43 states. Apart from that, they also laundered $2.3 million using bitcoins.

The seizure of approximately 420,000 to 620,000 alprazolam tablets, 500 glassines of fenanyl-laced heroin, and other quantities of metamphetamine, ketamine, gamma hydroxybutyric acid, and other substances also marks the biggest seizure of pills in the history of New Jersey. The district attorney stated: Not only is this the first time state prosecutors in New York have taken down a dark web storefront, this take down represents the largest pill seizure in New Jersey’s history….Blockpublisher.com

Criminals use Bitcoin to Launder Dirty Money