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Market News

Man Sentenced for Crypto-Funded Dark Web Fentanyl Trade

Written By:
Brian Mutembei

Last updated: May 17, 2024 4:05 PM
Published 2024-05-17
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Last updated: May 17, 2024 4:05 PM
Published 2024-05-17
Helena Man Sentenced for Dark Web Fentanyl Trade

A 30-year-old Helena citizen, Jarek William Hahn, has been sentenced to 15 months in prison and three years of supervised release for his role in the black market trade of fentanyl through the dark web. Hahn pleaded guilty to the crime of possession with intent to distribute fentanyl in December 2023.

According to the Justice report, Hahn employed clever means of connecting to encrypted locations on the dark web where he paid for it via cryptocurrency payment and had it shipped through ordinary post. Investigators found 64 fentanyl pills during the house search. 

The FBI, along with supporting agencies including the Missouri River Drug Task Force, Bureau of Alcohol, Tobacco, Firearms and Explosives, and U.S. Postal Inspection Service, executed the investigation.

However, Banmeet Singh was also prosecuted for developing a robust illegal drug distribution network that has been working from 2012 to 2017 in Haldwani, India. Dark web intermediaries like Silk Road, AlphaBay, and Hansa served as fronts for Singh’s business, financing his operations and facilitating the import and distribution of controlled substances, mainly into the United States.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Brian Mutembei Formar Crypto Journalist at The Crypto Times
By Brian Mutembei
Brian is a content writer& Blockchain enthusiast. Writes extensively on blockchain, cryptocurrency, and tokens to spread knowledge and awareness.

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