UK ‘El Chapo’ faces 120 years in US prison over bitcoin-for-drugs ring
A UK man dubbed the ‘El Chapo of the Cotswolds’ is facing 120 years in prison after a court ruled he can be extradited to the US to face charges of running an illegal drugs ring that has allegedly raked in more than $6 million in Bitcoin . Matthew Grimm was charged with five counts of drug charges and one count of money laundering for his alleged role in a multimillion-pound drug racket selling designer amphetamines to US customers. The 49-year-old allegedly ran the operation alongside two accomplices for over 10 years, transporting drugs from the Netherlands using online marketplaces such as ‘Smokeyschemsite.’ US authorities reportedly froze £5.2 million ($6.5 million) worth of bitcoin connected to his alleged drug proceeds. Grimm was arrested in 2022 and given the green light for extradition by the country’s then-Home Secretary. He later appealed his US extradition, telling prosecutors to ‘bring it on,’ before, as reported by the Mirror, a High Court judge ruled again...