Collaborate Disseminate
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.
This is a post from HackRead.com Read the original post: Dark Web Drug Lord Pleads Guilty, Forfeits $… Continue reading Dark Web Drug Lord Pleads Guilty, Forfeits $150M Cryptocurrency
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 […]
The post How the Silk Road Affair Changed Law Enforcement appeared first on Security Intelligence.
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The Wired journalist’s new book reveals how investigators deployed cryptocurrency tracing technology to solve some of the internet’s biggest crimes.
The post Andy Greenberg on how ‘Tracers in the Dark’ found the dark web’s worst criminals appeared first on CyberScoop.
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Jurisprudence isn’t like arithmetic… two negatives never make a positive! Continue reading Silk Road drugs market hacker pleads guilty, faces 20 years inside
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.
This is a post from HackRead… Continue reading US seizes $1.4 billion in Bitcoin from Silk Road Market Scammer
Ulbricht is serving life in prison for his role in running the notorious Silk Road drug market, but that didn’t stop Bitcoiners from coming for him. Continue reading Hardcore Bitcoiners Turn on Ross Ulbricht for Selling an NFT From Prison
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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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.
This is a post from HackRead.com Read the original post: DoJ seizes $1 billion in Bitcoin… Continue reading DoJ seizes $1 billion in Bitcoin linked to Silk Road marketplace
The illegal marketplace was hacked prior to it’s takedown — the IRS has now tracked down those stolen funds, it said. Continue reading Feds Seize $1B in Bitcoin from Silk Road
The Department of Justice said Thursday that it seized approximately $1 billion worth of bitcoin, its biggest cryptocurrency seizure ever. The announcement solves a a years-old mystery about the shuttered Silk Road dark web market for illegal drugs and other unlawful goods, widely regarded as the largest and most extensive dark web marketplace of its time before its 2013 demise. The law enforcement action solves another riddle about a bitcoin wallet that just saw a nearly identically valued amount of cryptocurrency withdrawn after sitting dormant for a long time. “The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go?” said U.S. Attorney David Anderson. “Today’s forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States’ possession.” Motherboard reported Wednesday on the Election Day emptying of the wallet. Then the complaint, filed Thursday, detailed […]
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