Police bust alleged operator of Bitcoin mixing service Helix

The Ohio man is charged with running a Bitcoin mixer to launder over $300m—now worth $3.6b—on behalf of Dark Net crooks trying to hide out. Continue reading Police bust alleged operator of Bitcoin mixing service Helix

Silk Road Admin Sentenced to 78 Months in Prison On Drug Trafficking Charges

An Irish national has been jailed for six-and-a-half years for his role as one of the administrators and forum moderators who helped run now-defunct dark web marketplace “Silk Road.”

Gary Davis, 31, of Wicklow, Ireland, was known as ‘Libertas’ on the … Continue reading Silk Road Admin Sentenced to 78 Months in Prison On Drug Trafficking Charges

Justice Department announces shut down of AlphaBay, Hansa dark markets

The dark web’s largest network of illegally trafficked narcotics, weapons and other illicit materials has been taken down by an international team of law enforcement officials. U.S. Attorney General Jeff Sessions announced the shutdown of AlphaBay and Hansa in a Thursday press conference. AlphaBay abruptly went offline on July 5, while Hansa has been under the control of law enforcement since June 20. AlphaBay was primarily used by international criminals within what is known as the “Dark Web,”, websites only accessible to users who have masked their identity online through different tactics. AlphaBay and Hansa were among the prominent marketplaces on the dark web. “The dark net is not a place to hide,” Sessions said. The operation to take down the marketplaces involved collaboration from Thailand, The Netherlands, France, Germany, Lithuania, Canada, the UK and Europol, which officials touched on as a positive sign for the future of international cybercrime […]

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Continue reading Justice Department announces shut down of AlphaBay, Hansa dark markets