カテゴリー: dark net

European Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market

European Police Forces Seize Over €4.5M in Crypto From Darknet LSD MarketIt appears that there is an international crackdown on darknet marketplaces trading cryptocurrencies for recreational drugs. Soon after American undercover agents exposed dozens of vendors, European forces conducted what Europol calls “Europe’s biggest ever LSD bust.” Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown “Europe’s Biggest Ever LSD Bust” The […]

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US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown

US Authorities Seize Over $20M in Crypto in Massive Darknet CrackdownUS authorities have revealed that their agents had been operating undercover on the Darknet for the past year. The massive operation uncovered the true identity of over fifty vendors on sites such as Silk Road, Alpha Bay, Hansa, Dream, and more. Over 35 people have already been arrested and goods worth over $23.6 million have been […]

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Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin

Young New Zealand Man Spared Jail for Dealing Drugs With BitcoinThis week, Elias Valentin Smith, a 20-year-old man from New Zealand, successfully appealed his prison sentence for drug dealing with bitcoin as a teenager. This was despite the fact that the court system considered the use of bitcoin as a sign of criminal sophistication. Also Read: Bitcoin Is Not Used by Organized Crime Says Hong […]

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Reddit Removes Bitcoin Payment Option, Censors Darknet Forum

Reddit Removes Bitcoin Payment Option, Censors Darknet ForumDespite all the Telegram groups, Discord channels and many other alternatives, Reddit remains a leading forum for the wider bitcoin community – especially for new users to learn about the concept for the first time. As such, the website holds power over the conversation and what happens on Reddit can have much wider repercussions. Also […]

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British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug MoneyA UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators […]

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US Navy Investigators Bust Bitcoin Drug Ring at Naval Academy

US Navy Investigators Bust Bitcoin Drug Ring at Naval AcademyDespite recent claims that bitcoin is becoming less popular for illicit dealings on the dark web, investigations show that it is still the payment method of choice for many. The most recent example comes from the US Navy, where a few entrepreneurial cadets reportedly used bitcoin to buy drugs which they distributed to their classmates […]

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Report Claims Litecoin is the Second Most Adopted Currency on Dark Marketplaces

A recent study has revealed Litecoin to be the second most adopted means of payment among dark marketplaces. The study also indicated a significant increase in adoption of Monero among English-speaking platforms. Also Read: South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds Dark Marketplaces Increase Altcoin Adoption The study, conducted by Recorded Future, involved […]

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Deep Web Roundup: Alphabay Suspect Dies, Monero Climbs, and 126m Verge Lost

Deep Web RoundupThe days of darknet markets driving bitcoin are long gone, but even for those with no compunction to visit the deep web, its activity is worth monitoring. From anonymous coins to multi-sig wallets, the darknet often leads the way when it comes to adopting tech – especially when that tech can be used to enhance […]

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Darknet Markets Are Back – But With the Blockchain Bloated Who’s Buying?

Darknet Markets Are Back But With the Blockchain Bloated, Who’s Buying?Darknet markets, prized for their range of wares not commonly found on the clearnet, are back online. For the past three weeks, the most popular DNMs, including Dream and Aero, have been offline due to sustained DDoS attacks. Now, following a lengthy hiatus, the majority of markets are back online. There’s just one problem: with […]

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