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Two Dark Web Drug Dealers Indicted For Money Laundering In Crypto

26 Apr 2019

In a first, two dark web drug dealers were indicted for running a steroid and controlled substance business that laundered millions of dollars in cryptocurrency and Western Union payments.The defendants Callaway Crain and Mark Sanchez, were charged with selling their products, which they manufactured, marketed, and shipped, on a website they controlled called “NextDayGear,” and on the dark web. The duo sold injectable steroids and oral steroids, in addition to medications to counteract the effect of steroid use, including Xanax, Valium, and Viagra. On Monday, Crain and Sanchez pleaded guilty to Money Laundering in the 2nd Degree and Criminal Sale of a Controlled Substance in the 5th Degree, with promised sentences of 2 ½ to 7 ½ years in prison. They are expected to be sentenced on July 12, 2019.Commenting on the judgement, District Attorney Vance said, “These defendants raked in crypto and cash worth millions on their full-service website that sold prescription-free counterfeit steroids and other controlled substances to customers in all fifty states. Online drug sellers who do business in New York should take note: whether you’re operating in plain sight or in hidden corners of the dark web, my Office has the skills and resources to follow the money, shut down your business, and hold you accountable.”The duo, allegedly, purchased steroids, precursor chemicals, and other controlled substances wholesale from China and other countries. After obtaining the chemicals and substances, they mixed, pressed, and packaged them, often under brand names they created; advertised and sold them online; and shipped them to customers in all 50 states and sixteen countries.However, this is not the first time, dark web businesses have been shut down by the federal forces. Last year, in a year-long sting involving multiple US agencies including the Secret Service, Drug Enforcement Administration (DEA), ICE’s Homeland Security Investigation (HSI), more than 35 individuals were arrested in a nationwide undercover operation. During the raid, over 23.6 Million was seized out of which $20 million was cryptocurrencies.At the time, the HSI acting executive associate director Derek Benner had said, “The Darknet is ever-changing and increasingly more intricate, making locating and targeting those selling illicit items on this platform more complicated. But in this case, HSI special agents were able to walk amongst those in the cyber underworld to find those vendors who sell highly addictive drugs for a profit.”Liked what you read? Join us on Telegram

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