Market News / Story
Empire Market Co-Founder Gets 40-Year US Prison Term Over Crypto-Fueled Drug Trafficking
Bloomingbit ·
Bloomingbit reports: A co-founder of Empire Market, a dark-web marketplace that allowed illegal goods including drugs and personal data to be traded using only cryptocurrencies, has been sentenced in the US to 40 years in prison. He was also fined $5 million, and forfeiture proceedings are moving forward for criminal proceeds including Bitcoin. The US Attorney’s Office for the Northern District of Illinois said on Oct. 7 that a federal court in Chicago sentenced Rahim Hamilton, an Empire…