US will forfeit $24 million worth bitcoin seized from drug dealers

shivashanker (18)in #crypto • 6 years ago

At least 4,000 bitcoins worth over $24 million will be forfeited by the United States government during a crackdown of vendors on dark web marketplaces.

As per a report by Coindesk, the department of justice for the district of Maryland said they had indicted two men for allegedly manufacturing and distributing drugs through dark web marketplaces. They collected proceeds from drug sales in bitcoin between November 2013 and June 2017.

#currency #news

6 years ago in #crypto by shivashanker (18)

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