U.S. Court Sentences Empire Market Co-Founder to 40 Years in Prison After Platform Processed More Than $430 Million

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562/69 Wednesday, October 14, 2026

A U.S. federal court has sentenced 30-year-old Raheim Hamilton to 40 years in prison for co-founding and operating Empire Market, a darknet marketplace that facilitated more than USD 430 million in illegal transactions between 2018 and 2020. The case is significant for cybersecurity and international law enforcement because it targets the operators of infrastructure that supported large-scale cybercrime and drug trafficking, including activities involving stolen personal information and illicit financial transactions.

According to case details, Empire Market was designed to evade law enforcement detection by supporting encrypted communications, cryptocurrency payments, and services intended to obscure financial transactions. The marketplace organized illegal products into categories such as narcotics and chemicals, fraud-related data, counterfeit goods, and digital products, while prominently advertising items including counterfeit currency and various drugs. Prosecutors stated that the platform facilitated more than four million transactions, with more than USD 375 million in revenue linked primarily to drug sales. In addition to the prison sentence, the court imposed a USD 5 million fine and ordered the forfeiture of assets including Bitcoin, Ethereum, and real estate. Another co-founder has pleaded guilty and is awaiting sentencing.

Although the marketplace has already been shut down, stolen personal information and credentials previously traded through the platform may still be used for fraud or unauthorized account access. Organizations should continue monitoring for unauthorized access attempts and regularly check for credentials that may have been exposed. Individual users should enable multi-factor authentication and avoid reusing passwords across multiple services to reduce the risk of stolen credentials being used to compromise personal accounts or gain access to organizational networks.

Source: https://hackread.com/dark-web-empire-market-creator-raheim-hamilton-prison/