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- Silk Road drug dealer laundered $19M in profits with Bitcoin
Posted by : Brij Bhushan
Friday 8 November 2019
A Silk Road trader pleaded guilty to laundering over $19 million worth of profits with Bitcoin 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. Additionally, agents found a computer that housed a document entitled “HBD daily to-do list,” which referred to Pharmville. In 2017 and 2018, Haney sent his Bitcoin earnings from an address connected to Silk Road, to an…
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