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Silk Road drug dealer laundered $19M in profits with Bitcoin

Silk Road drug dealer laundered $19M in profits with Bitcoin

A Silk Road trader pleaded guilty to laundering over $19 million worth of profits with Bitcoin BTC after using the notorious marketplace to sell drugs. Hugh Brian Haney, who pleaded guilty in Manhattan federal court earlier this week, was found to be a high-ranking member of Pharmville – a prominent narcotics vendor on the dark web – after law enforcement searched his home in Ohio last year.