Canadian Darknet User is Forced to Forfeit 281 Bitcoin24

It doesn’t happen all that often people who sell illegal goods or services on the darknet in exchange for Bitcoin get away with doing so. For Matthew Phan, a Canadian resident, that is not the case either. This vendor was arrested recently and now has to forfeit 281 Bitcoin associated with his nefarious activities. This does not equal his entire Bitcoin portfolio, as he gets to keep 7 out of 288 BTC.

Even though many people flock to the darknet and try to remain anonymous, their identities are found out sooner rather than later. Regardless of whether one is a buyer or seller, their information will be recorded by the darknet marketplaces they rely on in one way or another. Considering how so many of these markets have been shut down recently, it is only normal the number of potential arrests increases exponentially.

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