Drug Dealer Using Bitcoins Goes To Jail For 20 Years
The US court determined a term of imprisonment of 20 years for the crypto scammer Gal Vallerius, known under the nickname Oxymonster on the drug market in the darknet, according to CCN.
The suspect was found guilty of selling illicit psychotropic drugs and illegal crypto transactions. Vallerius acknowledged his involvement in the illegal sale of oxycodone, heroin, cocaine, fentanyl, as well as Ritalin for obtaining bitcoin and Bitcoin Cash. More than 100 BTC and about 122 BCH (about $700 thousand) were confiscated from the arrested as income from illegal activities.
It is not for the first time that criminal cases involving cryptocurrency and darknet occur in the United States. Three years ago, 144,336 BTC were seized in favor of the state after a court ruling on life imprisonment of Ross Ulbricht, the founder of the anonymous Silk Road trading platform. At that time, the total amount of assets confiscated was $48 million.
In 2017, one of the courts of the state of California arrested crypto assets for $8 million of Alexandre Cazes, the founder and director of AlphaBay, the largest darknet market.
Experts stress that the number of court decisions in favor of confiscation increases with the increase in the number of crimes in which cryptocurrencies are involved. As a result, the US government has the ability to conduct crypto auctions regularly.
As previously reported, an investigation was opened against boxer Floyd Mayweather and famous producer DJ Khaled regarding their involvement in illegal crypto transactions for $32 million.