Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Undercover DEA Investigation Leads to Alleged Bitcoin Trail With US Citizen Facing Up to 100 Years in Prison

by Daily Hodl Staff
January 5, 2020
in Bitcoin

US citizen Joanna De Alba is being charged with “conspiring to distribute and possess with intent to distribute” methamphetamine and heroin through the dark web. According to the indictment, the defendant allegedly performed the illegal transactions via illicit marketplaces that allowed users to make purchases using Bitcoin (BTC) and other cryptocurrencies.

De Alba was taken into police custody in late October 2019 at the US-Mexico border while making an attempt to enter the US.  

Richard P. Donoghue, US Attorney for the Eastern District of New York, and Ray Donovan, special agent-in-charge at the Drug Enforcement Administration, New York Division, read the charges on January 2.

“De Alba [allegedly] dispensed heroin and methamphetamine from the shadowy corners of the internet, believing that it provided anonymity to her and her customers. But thanks to the outstanding work by this Office’s prosecutors and DEA special agents … she will now be held to account for her charged criminal acts.”

De Alba allegedly sold narcotics for Bitcoin through the dark web-based “Wall Street Market” between June 2018 and May 2019. Bitcoin is a public payment network that allows people to read every recorded transaction.

While data on the blockchain does not reveal the identity of the sender or recipient, it creates a trail of evidence that allows blockchain forensics firms such as CipherTrace and Chainalysis to trace the transactions to wallets or exchanges where an identity is often linked.

Alternatively, if a Bitcoin address under surveillance is sent to another merchant to make an unrelated purchase or if a third party that interacts with the illicit Bitcoin address has details about the sender, the secondary transaction can be traced and ultimately reveal the perpetrator’s identity.

De Alba is facing a mandatory minimum prison sentence of five years and a maximum sentence of up to 100 years.

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/igorstevanovic

Submit a Press Release

Industry Announcements

  • Former Navy SEAL and Author Willard Chesney Joins CBS SEAL Team Actor Justin Melnick With NFT Collection Release on the ReserveBlock RBX Network, Proceeds To Benefit the Boot Campaign
    August 16, 2022
  • Oraichain Introduces Accelerator Program for DApps Building on Its AI Layer One Ecosystem
    August 15, 2022
  • DAM Finance Receives Strategic Investment From Arrington Capital Moonbeam Growth Fund
    August 11, 2022
  • Metaverse, Web 3.0 Disruption and Blockchain Advancement To Be Discussed at MetaWeek in Dubai
    August 11, 2022
  • DeFiChain Community Brings Attractive Rewards for DFI ERC-20 Pairs on Uniswap
    August 8, 2022
  • Bware Labs Announces the Blast Incentivized Testnet, Code-Named Houston
    August 8, 2022
  • Aurigami Collects $12 Million War Chest To Grow Aurora-Based Lending Protocol
    August 2, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$23,935.41
$23,935.41
0.55%
Ethereum
$1,876.95
$1,876.95
0.96%
Cardano
$0.562181
$0.562181
1.17%
XRP
$0.375152
$0.375152
0.34%
Dogecoin
$0.085377
$0.085377
9.73%

Spotlight

  • USDC-Maker Circle Moves To Ban Tornado Cash Addresses After US Treasury Blacklists the Crypto Mixer
    August 9, 2022
  • Crypto Hedge Fund Veteran Predicts Explosive Parabolic Move for Bitcoin – Here’s His Timeline
    August 12, 2022
  • Macro Guru Lyn Alden Says Bitcoin Is Structurally Bullish Long-Term, Despite This Year’s Collapse – Here’s Why
    August 15, 2022
  • Ethereum (ETH) Competitor Soars As Coinbase Adds Red-Hot Altcoin to Listing Roadmap
    August 10, 2022
Finance Magnates London Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl