Dark Web Drug Dealer from California Who Used To Supply Drugs For Bitcoin Gets 10 Years in Jail
A California based dark web drug dealer Tyler Reeves who used to sell narcotics in exchange of Bitcoin has been sentenced to 10-years in Federal prison. The sentence was announced on Monday by the United States District Judge James V. Selna.
Reeves pleaded guilty on the charges of selling methamphetamines as well as money laundering, for which he would need to pay a penalty of $15,000 along with the 10-year jail sentence.
The sentencing memorandum read,
“On September 20, 2018, law enforcement executed a search warrant at defendant’s residence. At his residence, [Reeves] possessed not only illegal controlled substances, such as methamphetamines and oxycodone (prescribed to the defendant), but he also possessed 13 un-serialized firearms, and 14 un-serialized silencers, which are used to suppress the sound of a gunshot,”
The memorandum further adds.
“Defendant purchased the parts for these firearms online and manufactured these silencers and firearms. In addition to the drugs and firearms, the defendant possessed extensive computing equipment, a Trezor hardware wallet (used for storing cryptocurrency), and gold and silver bars,”
How Did Tyler Reeves Operate His Drug Racket?
Reeves used to run his operation under the pseudo-digital identity of “Platinum45,” on the dark web, which is famous for hosting marketplaces for illegal goods and merchandise. He sold narcotics from mid-2017 to September 2018. He used to operate on the famous and now defunct The Wall Street Market. Three German main was the main operator of the platform and currently face charges in the United States as well as Germany.
Reeves was one among the top 5 vendors on the platform and served to almost 300 customers which also included six deliveries of methamphetamines to undercover law enforcement agents. The most notable transaction between the two parties was for two ounces of methamphetamines for which Reeves was paid $2,200 worth in Bitcoin.
The current sentencing of Reeves is not the first bust of its kind, in the past, many dark web operators have been nabbed by the law enforcement agencies. The most notable being the bust of the famous silk road market places which is among the largest market places on the darknet.