THE Herrell was charged with extortion, according to the indictment filed in December 2017 and pleaded guilty to the charges on January 27, 2020. The court sentenced him to 11 years in prison while facing a maximum legal sentence of 20 years.
His identity was revealed by the FBI. THE Cazes managed to earn over $ 23 million in cryptocurrencies during its operation AlphaBay, and held real money in various bank accounts in Thailand, Liechtenstein, Switzerland and St. Vincent.
Thai authorities also seized cars and real estate worth about $ 12,5 million. His indictment Cazes entered the file, after being found dead in his cell, one week after his arrest, on July 12, 2017.
According to a US Department of Justice press release, the AlpaBay investigation is still ongoing and will not close until all former drug traffickers are found and convicted.
The AlphaBay was considered the largest online drug market, with FBI Director McCabe saying at the time that it was ten times larger than Silk Road, with more than 200.000 users and about 40.000 suppliers.
By conservative estimates, AlphaBay traded $ 2014 billion from its inception in 1. Transactions were paid for in Bitcoin and other cryptocurrencies.