The colorado-based individual involved with the now-defunct darknet marketplace Alphabay has been sentenced to lengthy imprisonment.
In line with a recent official press-release published by the U.S. DOJ [Department of Justice], a 26-year individual named Bryan Connor Herrell received an 11-year jail sentence from U.S District Court Judge Dale Drozd.
Herrell was liable for settling disputes between vendors & users concerning trades in illegal goods like drugs and guns, often purchased using Bitcoin [BTC].
He was also liable for monitoring attempts to defraud users of the darknet marketplace & operated under the monikers “Penissmith” and “Botah.”
According to the United States Attorney, McGregor Scott:
“This sentence is further proof criminals cannot hide behind the technology.”
People should re-evaluate before purchasing or selling drugs online: “You are going to be caught soon or later,” Scott added.
Prior to being terminated by the Federal Bureau of Investigation earlier in the month of July 2017, AlphaBay was a well-liked marketplace for illegal items along with the stolen identities, credit cards as well as the narcotics.
Earlier in February, 36-year-old Ohio resident Larry Dean Harmon, former CEO of Coin Ninja, was charged by United States regulators for laundering over $300 Mln money in Bitcoin for AlphaBay.
Harmon’s family denied he was ever involved directly with AlphaBay together with his brother claiming the marketplace used Harmon’s cryptocurrency mixer Helix without his consent or input.
Cryptocurrency mixers permit users to split the source of a cryptocurrency payment by outputting different coins than are sent in.
Alphabay users traded using crypto assets along with bitcoin as payments are outside the banking industry & are semi-anonymous.
However, transactions are traceable on most blockchains and might ultimately be employed by the regulators to link criminals to their activities.