The manager of the AlphaBay drug market was sentenced to 11 years in prison

Bryan Connor Herrell, 25, from Colorado, was sentenced to 11 years in prison for participating as an administrator at his marketplace. AlphaBay.

According judicial documents , between May 2016 and July , Herrell acted as an administrator for AlphaBay, under the aliases "Penissmith" and "Botah."

During the during this period, he arranged more than 20.000 transactions between AlphaBay suppliers and buyers, and was rewarded with Bitcoin for his services by the owner of AlphaBay.

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.

AlpaBay creator Alexandre Cazes, Canadian was also arrested at his residence in Bangkok, Thailand, in June 2017, by the Royal Thai Police and with the assistance of the FBI and the DEA.

His identity was discovered by the FBI. Cazes managed to earn over $23 million in cryptocurrency over the course of time of AlphaBay, and held real money in various bank accounts in Thailand, Liechtenstein, Switzerland and Saint Vincent.

Thai authorities also seized cars and real estate worth about $ 12,5 million. Cazes' indictment was filed after he was found dead in his cell, one week after his arrest, on July 12, 2017.

According to a press release from the US Department of Justice, the of AlpaBay is still active and will not be shut down until all former drug market operators are found and convicted.

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 vendors.

By conservative estimates, AlphaBay traded $ 2014 billion from its inception in 1. Transactions were paid for in Bitcoin and other cryptocurrencies.

Το marketplace AlphaBay κατέβηκε από το after a police joint operation in July 2017, both in Canada and in Thailand, as part of an operation led by the FBI and the DEA, known as Bayonet.

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Written by Dimitris

Dimitris hates on Mondays .....

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