Cybersecurity · 2 views
Owner of Empire cybercrime market gets 40 years in prison
The co-creator of Empire Market, one of the largest dark web marketplaces before its shutdown, has been sentenced to 40 years in prison for facilitating $430 million in illegal transactions from 2018 to 2020.
Summary
The co-creator of Empire Market, one of the largest dark web marketplaces before its shutdown, has been sentenced to 40 years in prison for facilitating $430 million in illegal transactions from 2018 to 2020. 30-year-old Raheim Hamilton (also known online as "Sydney" and "ZeroAngel") owned and operated Empire Market from August 2017 until its abrupt shutdown in 2020 amid persistent extortion-based DDoS waves, which prompted exit-scam claims after users weren't given time to withdraw funds from their escrow accounts.
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