Market News / Story
Dark Web Founder Loses $100 Million in Bitcoin After 40-Year Sentence: Where Does It Go?
Beincrypto ·
Beincrypto reports: A 30-year-old who co-ran a $430 million dark web drug market got 40 years in federal prison. Raheim Hamilton also agreed to give up 1,230 Bitcoin , worth about $100 million today. What happens to those coins is governed by a 2025 White House order. It sends Bitcoin forfeited in court cases into a national reserve and bars its sale. How a Hidden Website Moved $430 Million Empire Market ran from 2018 to 2020 on the dark web, a hidden part of the internet reached only with…