Tag: dark web

Apr 06 2022

Feds Seize $34 Million In Bitcoin From Dark Web Seller – One Of The Biggest Seizures In US

Miami, a city known for its opulent lifestyles and cryptocurrency-friendly laws and mayor, has seen one of the most aggressive crackdowns on cybercriminals using bitcoin. Federal prosecutors confiscated roughly $34 million in cryptocurrency from a man in the southeastern part of Florida. The bitcoin fortune was amassed by a Parkland resident suspected of exploiting the dark web to sell Netflix, HBO, and Uber...

Apr 05 2022

German Police Impound $25 Million in Crypto from Illegal Marketplace

The world’s largest illegal marketplace operating on the Russian dark web has been shut down German authorities have seized around $25 million in Bitcoin from the operation so far Reports claim the platform’s users were involved in money laundering and narcotics German police shut down the illegal Darknet marketplace known as Hydra Market on Tuesday, according to an official statement released by the...

Mar 14 2022

Dark Web Drug Lord Forfeits $2.3 Million In Bitcoin, Gets 8 Years In Jail

Mar 14 2022 Published at Bitcoinist.com under tags  bitcoin darknet dark web drug lord news

Lots of crazy stuff happen on the dark web on a daily basis. The brains behind a highly sophisticated drug trafficking network was sentenced in federal court in Boston on Friday for making and distributing a variety of banned narcotics via the dark web. Binh Thanh Le, 25, of Brockton, Massachusetts is a darknet club drug kingpin who sold ecstasy, generic Xanax, and...

Feb 09 2021

U.S. Woman Charged Over Attempted Dark Web Murder-for-Hire Paid With Bitcoin

Feb 09 2021 Published at CoinDesk under tags  crime dark web news payments policy & regulation

The woman allegedly presented a sum of over $5,000 in bitcoin to a dark web admin as proof she could afford the hit.

Feb 02 2021

Russia and US Dominate Global Dark Market Traffic: Report

Feb 02 2021 Published at CoinDesk under tags  chainalysis crime dark web marketplaces news

Darknet marketplaces received $1.7 billion during 2020, mostly from Russia, the U.S., Ukraine and China, Chainalysis says.

Jan 20 2021

Stop The Bitcoin FUD: Criminal Cryptocurrency Transactions Are Falling

Despite a 2020 that saw the price of bitcoin rise to all-time highs and set new records for stability, it isn’t too difficult to find Bitcoin FUD being spread. But recently released blockchain analysis demonstrates that the “bitcoin is for criminals” narrative is weaker than ever. The FUD Keeps Coming...

Jan 12 2021

“World’s Largest” Darknet Marketplace Has Been Shut Down

Jan 12 2021 Published at Bitcoin Magazine under tags  darkmarket dark web germany

Popular darknet marketplace DarkMarket, which hosted an estimated half million users, was shut down by German police authorities in a raid conducted over the weekend. Announcements from prosecutors in the cities of Koblenz and Oldenburg indicated that the operator of the marketplace was headquartered somewhere near the border between Germany and Denmark. The marketplace’s server was officially turned off yesterday. “Police in the...

German Authorities Shutter $170M Bitcoin, Monero Dark Web Marketplace

Jan 12 2021 Published at Crypto Briefing under tags  business dark web marketplace

German authorities have seized DarkMarket, the largest illegal dark web market in the world. German prosecutors in the cities of Koblenz and Oldenburg said they arrested the man responsible for operating DarkMarket, a 34-year old Australian national. Bitcoin, Monero Used on Dark Web Market...

Dec 17 2020

FBI Needs a Dark Web, Crypto Strategy, DOJ’s Inspector General Says

Dec 17 2020 Published at CoinDesk under tags  crypto tracing dark web fbi news oig

FBI lacks a "comprehensive strategy for addressing the cryptocurrency threat in the future," OIG wrote.

Nov 05 2020

The U.S. Justice Department to Auction Off More Than $1 Billion in Bitcoin

The U.S. Justice Department has captured and is now looking to auction thousands of bitcoins attached to the dark web market Silk Road, with the holdings estimated at more than $1 billion....

Oct 01 2020

The Long and Winding Story of Silk Road, Bitcoin’s Earliest Major Application

This article originally appeared in Bitcoin Magazine's 10th anniversary print edition. Silk Road, the online marketplace named for the historic network of trade routes established during the Han Dynasty, went live in February 2011. Its domain was accessible only on the so-called “dark...

Sep 23 2020

FinCEN Files Remind Us That Bitcoin Is Still Not For Money Laundering

Sep 23 2020 Published at Bitcoin Magazine under tags  dark web fincen money laundering

This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! This week, a released cache of thousands of reports from major banks showed that these institutions ignored their own concerns and willingly moved trillions of dollars around the world on behalf of suspected terrorists, criminals...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: