Israeli pleads guilty to money laundering on dark web, faces 20-year sentence
Neta Bar, 02 April 2021
Tal Prihar, a 37-year old Israeli living in Brazil, pleaded guilty Wednesday to operating illegal transactions on the darknet, including purchasing firearms, heroin, and other contraband.
According to court documents, Phihar and his partner, another Israeli named Michael Phan, earned $8.4 million through running DeepDotWeb, a website that provided users with direct links to illegal darknet marketplaces. In return, Phihar and Phan received payments from the marketplaces in the form of bitcoin virtual currency.
To conceal the payments, Phihar transferred them from his bitcoin wallet to other accounts he owned in the names of shell companies. Continue reading “Article: Israeli pleads guilty to money laundering on dark web, faces 20-year sentence”
