FBI nominee Kash Patel gets questions on cybercrime investigations, Silk Road founder, surveillance powers

Cyber otherwise wasn’t a big focus during the Senate Judiciary Committee hearing on Patel’s nomination to lead the bureau.

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Dark Web Drug Lord Pleads Guilty, Forfeits $150M Cryptocurrency

By Waqas
Banmeet Singh, an Indian national, was arrested in London, England, on April 26, 2019, and extradited to the United States on March 19, 2023.
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How the Silk Road Affair Changed Law Enforcement

The Silk Road was the first modern dark web marketplace, an online place for anonymously buying and selling illegal products and services using Bitcoin.  Ross Ulbricht created The Silk Road in 2011 and operated it until 2013 when the FBI shut it down. Its creator was eventually arrested and sentenced to life in prison. But […]

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Andy Greenberg on how ‘Tracers in the Dark’ found the dark web’s worst criminals

The Wired journalist’s new book reveals how investigators deployed cryptocurrency tracing technology to solve some of the internet’s biggest crimes.

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US seizes $1.4 billion in Bitcoin from Silk Road Market Scammer

By Habiba Rashid
The seizure of 50,000 Bitcoin took place in November 2021 when authorities raided the home of James Zhong, a 32-year-old in Gainesville, Georgia – The value of the seized BTC was $3.36 billion at that time.
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US arrests alleged ‘Bitcoin Fog’ boss, who is accused of laundering millions

U.S. federal agents on Tuesday arrested the alleged operator of Bitcoin Fog, a cryptocurrency-obfuscation service that the dark web’s most notorious marketplaces have reportedly used to move tens of millions of dollars. Roman Sterlingov, a Russian-Swedish national, was arrested in Los Angeles and charged with money laundering for his alleged role as Bitcoin Fog’s mastermind, according to court documents. Created in 2011, Bitcoin Fog bills itself as a means of further anonymizing cryptocurrency transactions by separating transmitted bitcoin from a particular bitcoin address. Some $336 million in transactions were routed through Bitcoin Fog over a decade, according to a criminal complaint against Sterlingov filed in the U.S. District Court for the District of Columbia. That included tens of millions of dollars laundered for dark web forums like AlphaBay and Silk Road, which were known for trafficking in drugs and hacking tools, as well as other illicit products, before being shut […]

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DoJ seizes $1 billion in Bitcoin linked to Silk Road marketplace

By Deeba Ahmed
The Feds were able to identify 54 undetected cryptocurrency transactions linked to the seized Silk Road marketplace leading them to seize Bitcoin.
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