New Jersey Man Sentenced to 12 Years for Using Bitcoin to Pay Chinese Fentanyl Suppliers – Decrypt

Jan 23, 2026 - 11:00
New Jersey Man Sentenced to 12 Years for Using Bitcoin to Pay Chinese Fentanyl Suppliers – Decrypt
In brief William Panzera has been sentenced to 12 years in prison for his role in a drug trafficking operation that imported over a metric ton of fentanyl-related substances from China. The organization used wire transfers and Bitcoin to send hundreds of thousands of dollars to Chinese suppliers, distributing drugs throughout New Jersey as counterfeit...

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