The Real-Life Crypto Breaking Bad

Ex KFC Employee Loses Crypto Drug Empire

If there is one thing the iconic television series, ‘Breaking Bad’ ever thought us, is that the bad guy eventually loses. From Walter White to Gus Frings, down to Tuco, every one of them ultimately met their demise one way or the other.

The same can be said for Paul Johnson, a former KFC employee, who ran a crypto drug empire unbeknownst to his neighbors. Just like Gus Frings and Walter White, he was hiding in plain sight.

However, the law caught up with Paul in February, and he was sentenced to eight years in prison. Following his arrest, the Leicester Crown Court ordered the seizure of $2.29 million on June 8 from him.

Over the years, Paul ran a multi-billion crypto drug empire from the comfort of his home. He ran his darknet marketplace from his semi-detached house in Leicester.

Hiding In Plain Sight

As a cover for his illicit acts, Paul posed as a trader. Authorities revealed that Paul imported and sold more than 400 pounds of cocaine, heroin, cannabis, ketamine, and LSD. Users bought the items using Bitcoin.

From the court proceedings, it emerged that the drug dealer generated a total revenue of $2.77 million. However, they were able to confiscate $2.3 million.

Paul is mandated by the court to forfeit the entirety of his assets within three months, including a Nissan Juke and Range Rover valued at $38,560 and $25,454, respectively.

The Crypto Breaking Bad 1

Evidence Found

Paul was arrested for possession of class A and B drugs, illegal importation into the country, possession of illegal drugs with intent to supply, and money laundering.

Paul’s ex-wife, Lia Taylor-Walton, was sentenced to 2 years in prison, in addition to a suspended two years sentence as an accomplice to the drug trade. She also faced charges for acquiring property with illegal money.

Authorities obtained the following items from Paul’s property; ketamine, heroin, LSD, MDMA tablets, and other items.

In the last 12 months, the total amount of Bitcoin transferred in the dark web increased by 65%.

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