Category Archives: DeepDotWeb

Co-operator of DeepDotWeb sentenced to more than 8 years for money laundering

Posted on by

A money laundering scheme related to dark web markets has earned an Israeli citizen more than eight years in federal prison, the U.S. Department of Justice said Wednesday. Tal Prihar and co-defendant Michael Phan laundered millions of dollars in kickback payments they received as operators of DeepDotWeb, a website that connected internet users with dark web marketplaces. Prihar pleaded guilty to the money laundering charges in March. Phan is currently undergoing extradition proceedings in Israel, the DOJ said. Prosecutors said the DeepDotWeb (DDW) operators had received more than 8,000 bitcoins — about $8.4 million at the time of the transactions — since October 2013. DeepDotWeb was seized by the feds in April 2019. “To conceal the nature and source of these illegal kickback payments, Prihar transferred the payments from his DDW bitcoin wallet to other bitcoin accounts and to bank accounts he controlled in the names of shell companies,” the […]

The post Co-operator of DeepDotWeb sentenced to more than 8 years for money laundering appeared first on CyberScoop.

Continue reading Co-operator of DeepDotWeb sentenced to more than 8 years for money laundering→

DeepDotWeb admin pleads guilty to money laundering, kickbacks

Posted on by

By Habiba Rashid
DeepDotWeb (DDW) was seized by the FBI in April 2019 and Tal Prihar, an Israeli citizen was arrested from Brazil.
This is a post from HackRead.com Read the original post: DeepDotWeb admin pleads guilty to money laundering, kickbacks
Continue reading DeepDotWeb admin pleads guilty to money laundering, kickbacks→

DeepDotWeb boss pleads guilty to laundering millions

Posted on by

The administrator of a dark web marketplace that served as a gateway for purchasing heroin, firearms and hacking tools pleaded guilty to money laundering charges on Wednesday. The Justice Department said that Tal Prihar administered DeepDotWeb, where he received $8.4 million in kickbacks from dark web marketplaces for providing prospective customers with direct links to those sites, which sold illegal goods but weren’t easily found via search engines. When law enforcement indicted Prihar and an alleged co-conspirator in 2019, authorities hailed it as “the single most significant law enforcement disruption of the Darknet to date.” French law enforcement captured Prihar, an Israeli native who had lived in Brazil. Israeli law enforcement arrested the alleged co-owner of the site, Michael Phan, who handled day-to-day operations. U.S. authorities previously seized DeepDotWeb. “For six years, DeepDotWeb was a gateway to facilitate the illegal purchase of items to include dangerous drugs, weapons, and malicious […]

The post DeepDotWeb boss pleads guilty to laundering millions appeared first on CyberScoop.

Continue reading DeepDotWeb boss pleads guilty to laundering millions→

DeepDotWeb, Wall St and Valhalla markets seized by authorities

Posted on by

By Uzair Amir
Arrests have been made in Israel, Europe, Brazil, and the United States. The popular dark web news and index website DeepDotWeb (DDW) has been seized by the Federal Bureau of Investigation (FBI). Those visiting the website can see a messa… Continue reading DeepDotWeb, Wall St and Valhalla markets seized by authorities→