Dark Web Drug Lord Forfeits $2.3 Million In Bitcoin, Gets 8 Years In Jail
Lots of crazy stuff happen on the dark web on a daily basis. The brains behind a highly sophisticated drug trafficking network was sentenced in federal court in Boston on Friday for making and distributing a variety of banned narcotics via the dark web.
Binh Thanh Le, 25, of Brockton, Massachusetts is a darknet club drug kingpin who sold ecstasy, generic Xanax, and ketamine through a difficult-to-access internet marketplace.
Le is the leader and organizer of the very profitable darknet market called “EastSideHigh.”
Hiding In The Dark Web
The term “dark web” refers to unindexed online content that is encrypted.
Access to the dark web is restricted to certain browsers, such as the TOR Browser.
When compared to ordinary websites, the dark web provides far more privacy and anonymity. Related Article | Mexican Drug Cartels Sneak In $25 Billion A Year Using Bitcoin To Fund Operations As a result, when people think of the dark web, the majority of their attention is focused on online drug marketplaces, data trades, and other nefarious activities.
Despite this, there are frequently extremely genuine reasons for people to use the dark web, including political dissidents and those seeking to maintain sensitive information’s privacy.
BTC total market cap at $736.59 billion on the daily chart | Source: TradingView.com
A Young Online Drug KingpinLe was only 22 years old when he launched the EastSideHigh darknet storefront.For a time, the business was a resounding success. Le had amassed nearly 60 Bitcoins — which were valued approximately $2.3 million as of Saturday, a significant increase from the $200,000 it was worth when US federal agents seized access to his electronic wallet in a March 2019 sting operation at a Norwood hotel.
More than 19 kilograms of ecstasy, nearly 7 kilograms of Ketamine, nearly a kilogram of cocaine and more than 10,000 counterfeit Xanax pills were confiscated from his possession.
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