A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old dealer argues that not all of his bitcoin was used for criminal purposes.
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Case Shows State Willingness to Repeal Anti-Surveillance Mechanisms
Matthew Phan, a university dropout, pleaded guilty in December to illegally purchasing a firearm and a silencer and being in possession of drugs, according to an article published by the Toronto Star newspaper. Local police, acting on a 2015 tip-off from U.S. Homeland Security, used an agent to trap Phan into…