In brief
- Five individuals have pleaded guilty in connection with FireBunnyUSA, a dark web vendor that distributed cocaine, MDMA, and ketamine between 2019 and 2022.
- Ringleader Nan Wu received a 6 1⁄2 year prison sentence and was ordered to forfeit 20 BTC, 3,297 XMR, and $12,857 in cash.
- The ring converted Monero into Bitcoin and moved funds through foreign exchanges, with at least $2.4 million laundered as Chinese Yuan and over $734,000 converted into U.S. dollars.
Manhattan prosecutors have secured convictions against five members of a dark web drug trafficking network that shipped thousands of packages containing illegal narcotics in all 50 states and Washington, D.C. while laundering millions of dollars through crypto.
Nan Wu and his four associates, Peng Peng Tang, Bowen Chen, Zixiang Lin, and Katie Montgomery, previously entered guilty pleas for their involvement with the operation known as “FireBunnyUSA,” which advertised itself on dark web marketplaces as an established supplier offering quality products with fast, discreet delivery.
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Author: Vismaya V
