🗽 New York state sees first conviction for crypto money laundering

Manhattan District Attorney’s Office has convicted two men, Callaway Crain and Mark Sanchez, of money laundering $2.8 million worth of controlled substances through a dark web market, NextDayGear. The duo sold some 10,000 packages from 2013-2018 with purchases typically made in Bitcoin ($BTC) and transferred through multiple wallets to mask trades. Crain and Sanchez are expected to serve between 2.5 and 7.5 years. Pertaining to the case, Manhattan District Attorney Cyrus R. Vance, Jr. said "Online drug sellers who do business in New York should take note: whether you’re operating in plain sight or in hidden corners of the dark web, my office has the skills and resources to follow the money, shut down your business, and hold you accountable,