Man Pleads Guilty to Running Large Dark Web Drug Ring, Forfeits Over $150 Million in Bitcoin
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Man named Banmeet Singh pleaded guilty to running a large dark web drug trafficking operation that distributed drugs across the U.S.
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Singh forfeited over $150 million in Bitcoin, the DEA's largest ever cryptocurrency seizure.
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Singh sold drugs on dark web marketplaces from 2012-2017, with distribution centers in 8 U.S. cities.
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Two people from Columbus, Ohio purchased drugs from Singh using cryptocurrency.
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Singh was arrested in London in 2019, extradited to the U.S. in 2023, and faces up to 8 years in prison.