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Dark web drug market operator sentenced 40 years, forfeits $101M in bitcoin.

Market News
09 Oct 2026
Coindesk
View Source
Bearish
Dark web drug market operator sentenced 40 years, forfeits $101M in bitcoin.

Raheim Hamilton, co-creator of the dark web drug marketplace Empire Market, was sentenced to 40 years in federal prison and agreed to forfeit 1,230 bitcoin valued at about $101 million. The platform facilitated over 4 million drug transactions worth roughly $430 million between 2018 and 2020. Hamilton's partner, Thomas Pavey, also forfeited 1,584 bitcoin and other assets after pleading guilty to federal drug conspiracy charges. The case highlights ongoing law enforcement efforts to crack down on illegal activities using cryptocurrencies on the dark web.

The darknet kingpin case involving Raheim Hamilton is presented here with Pluang's cryptocurrency market data as of Oct 09, 2026 16:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 12 rose and 37 fell today. Notable movers include CRV at Rp6.100 with a 12.27% decline and BAT at Rp2.063 with a 12.06% gain, while BAL rose 11.14% to Rp16.297. The most notable figure is CRV's 90% sell order activity on Pluang.

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