Posted 1/26/2024, 3:41:54 PM
British Man Forfeits $330 Million in Bitcoin in Record DEA Plea Deal for Selling Drugs on Dark Web Markets
- British resident Banmeet Singh to forfeit over $330 million in bitcoin as part of plea deal for selling drugs on the dark web between 2012-2017
- Believed to be the largest cryptocurrency seizure in DEA history
- Singh sold heroin, cocaine, fentanyl, and other drugs on Silk Road, Alpha Bay, Hansa, Dream Market
- He arranged shipments of drugs to customers in cities across the U.S.
- Singh to plead guilty to money laundering and conspiracy charges, expected to be sentenced to 8 years in prison