Dark web drug lord seizes 2.3 million bitcoin, jailed for 8 years


Lots of crazy things happen on the Dark Web every day.

A highly sophisticated drug trafficking network was brainwashed in federal court in Boston on Friday for creating and distributing a variety of illicit drugs via the Dark Web.

Bin Than Le, 25, of Brockton, Massachusetts, is a Darknet Club drug kingpin who sells ecstasy, generic Xanax and ketamine through a tough internet marketplace.

Le is a leader and organizer of the highly profitable Darknet Market called “EastSideHigh”.

Hidden in the Dark Web

The term “dark web” refers to encrypted, unindexed online content.

Access to the Dark Web is restricted to certain browsers, such as the TOR browser.

Compared to ordinary websites, the Dark Web offers much more privacy and anonymity.

As a result, when people think of the Dark Web, most of their attention is focused on the online drug marketplace, data trading, and other heinous activities.

Nevertheless, there are often very real reasons for people to use the dark web, including those seeking to maintain the privacy of politically divisive and sensitive information.

BTC total market cap at $736.59 billion on the daily chart | Source: TradingView.com

A young online drug kingpin

Le was just 22 years old when he launched the EastSideHigh Darknet Storefront.

For some time, the business was a great success. Leh collected about 60 bitcoins – valued at about 3 2.3 million as of Saturday, a significant increase from মূল্য 200,000 when U.S. federal agents confiscated access to his electronic wallet in a sting operation at a Norwood hotel in March 2019.

More than 19 kilograms of ecstasy, about 7 kilograms of ketamine, about one kilogram of cocaine and more than 10,000 counterfeit Xanax pills were seized from him.

U.S. Attorney for the Massachusetts District Rachel Rollins says:

“As a result of the tremendous efforts of our law enforcement colleagues, one less cyber criminal is hiding in the shadows.”

With the funds mentioned above, Le had more than $ 114,000 in cash and more than $ 42,000 from selling a second-hand car.

According to court records, Leh obtained substantial amounts of drugs by mail from international sources.

U.S. authorities said the drugs were sold on the Dark Web and shipped to consumers across the United States.

In addition to Lee, his co-conspirators – Alant Pierce and Steven McCall – imported large quantities of drugs from foreign sources and forced pills to resell.

Lee pleaded guilty last September and was sentenced to eight years in prison.

Featured image from UNSW Newsroom, chart from TradingView.com

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