US Federal Indicts Dark Web 'Nemesis Market' Operator for Cryptocurrency Money Laundering and Other Charges
Summary
- A US federal grand jury has indicted dark web 'Nemesis Market' operator Behrouz Parsarad on charges of cryptocurrency money laundering.
- This dark web supported only cryptocurrency payments and is accused of participating in illegal drug distribution.
- The US Treasury Department reported that 44 Bitcoin addresses and 5 Monero addresses related to this case have been blacklisted.
A US federal grand jury has indicted Behrouz Parsarad, an Iranian national, on charges including operating the now-defunct dark web Nemesis Market.
According to the Department of Justice, he is accused of money laundering using cryptocurrency and distributing illegal drugs such as fentanyl. It is known that this dark web operated with a structure that only supported cryptocurrency payments.
If convicted, Behrouz Parsarad could face a minimum of 10 years to a maximum of life imprisonment.
Previously, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) blacklisted 44 Bitcoin (BTC) addresses and 5 Monero (XMR) addresses associated with Nemesis Market in March, which were confirmed to be used by Behrouz Parsarad.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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