Empire Market Co-Creator Sentenced to 40 Years, to Forfeit Approximately 1,230 Bitcoin

Raheim Hamilton, co-creator of Empire Market, was sentenced to 40 years in prison and agreed to forfeit approximately 1,230 Bitcoin, 24.4 Ether, and three Virginia properties. He pleaded guilty to a federal drug-conspiracy charge. The forfeiture underscores how crypto assets tied to illicit activity are seized in criminal cases.