Feds get second guilty plea in takedown of dark web Empire Market
ID: 387b75c1-d06d-5a42-96e1-507c6e0796e1
STIX ID: report--387b75c1-d06d-5a42-96e1-507c6e0796e1
Feed Name: The Record from Recorded Future News
Raheim Hamilton and Thomas Pavey, co-creators of the Empire Market dark web marketplace, have pleaded guilty to federal charges related to operating a platform that facilitated approximately $430 million in illicit transactions (drugs, counterfeit currency, stolen card data) and that vanished in 2020 amid an alleged $30 million theft of user bitcoin; both agreed to large cryptocurrency and asset forfeitures as part of plea deals while law enforcement continues international actions against similar darknet markets.
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