San Joaquin County man convicted of selling drugs on the Dark Web as Phantomlab
SACRAMENTO, Calif .– Cody Boyd, 26, of Woodbridge, was sentenced today by U.S. District Judge Troy L. Nunley to three years in prison for conspiring to distribute and possess with intent to distribute testosterone, Interim US Attorney Phillip A. Talbert has announced. .
According to court documents, in December 2017, law enforcement officers began monitoring PhantomLabs, an online storefront on Dream Market, a dark web shopping site. Officers identified Boyd, as the owner and operator of this store, which sold, among other things: anabolic steroids (including testosterone, deca durabolin, oxymetholone (Anadrol), oxandrolone (Anavar), methandrostenolone (Dianabol) and boldenone (Equipoise)), cocaine, Xanax pills and pound amounts of marijuana.
PhantomLabs joined Dream Market on May 27, 2017. Less than 10 months later, on March 23, 2018, it had 620 customer reviews with an average satisfaction rating of 4.9 on a five-point scale.
On March 26, 2018, officers executed search warrants at Boyd’s home and business. In total, agents found over 100 pounds of steroids – at least 1,500 vials of liquid steroids and about 10 pounds of powdered steroids. They also found around 20 pounds of marijuana and 50 pills of Xanax. In addition, officers found over $ 26,500 in cash, an AR-15 style rifle registered in his name, more than 10 fraudulent driver’s licenses bearing Boyd’s photo and false names, various items bearing the logo of the PhantomLabs brand, packets of suspected butane honey oil, and an e-money counter. Officers also found a Sig Sauer handgun in Boyd’s truck. At Boyd’s business unit, officers found a digital scale, approximately 50 U.S. Postal Service packages, and a file containing clues for Boyd and Team Phantom.
Agents seized Boyd’s Ford Shelby GT 350, which he valued at $ 120,000, about $ 95,000 in foreign currency and bank accounts, and about 2.2 bitcoins.
This case is the product of an investigation by the Northern California Illicit Digital Economy Task Force (NCIDE), made up of agents from Homeland Security Investigations, the Federal Bureau of Investigation, the US Postal Inspection Service, the Drug Enforcement Administration and of the IRS Criminal Investigation. . The NCIDE Task Force is a federal task force focused on targeting all forms of dark web and cryptocurrency activity in the Eastern District of California. Assistant U.S. Attorney Paul Hemesath continued the case.