Collaborate Disseminate
A computer programmer pleaded guilty to making false statements about his involvement with the Silk Road underground web marketplace. On Setpember 21, Michael R. Weigand (also known as “Shabang”) surrendered himself and told U.S. District Judge William… Continue reading Computer Programmer Pleads Guilty to Lying about Silk Road Involvement
Authorities in New Zealand have seized the equivalent of $90 million in assets as part of an investigation into a Russian man accused of laundering cybercriminal funds through a global cryptocurrency exchange. The New Zealand Police announced Monday it had taken control of the funds, equivalent to $140 million in New Zealand dollars, belonging to Alexander Vinnik, the alleged operator of BTC-e, a currency trading platform shuttered by the U.S. government in 2017. The exchange effectively functioned as a money laundering operation for internet scammers engaged in computer hacking, ransomware attacks, fraud and illicit drug sales, according to New Zealand Police Commissioner Andrew Coster. “New Zealand Police has worked closely with the Internal Revenue Service of the United States to address this very serious offending,” Coster said in a statement. “These funds are likely to reflect the profit gained from the victimization of thousands, if not hundreds of thousands, of […]
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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
For years, the arrest and case has been kept under-wraps. Friday, a court sentenced Thomas White to 5 years and 4 months for his role in running a huge dark web drug marketplace. Continue reading Silk Road 2 Founder Dread Pirate Roberts 2 Caught, Jailed for 5 Years
On January 3rd, 2009, the Genesis Block was created. This was the first entry on the Bitcoin blockchain. Because of the nature of Bitcoin, all transactions lead back to this block. This is where Bitcoin began, almost exactly ten years ago.
The Genesis Block was created by Satoshi, a person or persons we know nothing about. In the decade since, we’ve seen the astonishing rise and meteoric descent of Bitcoin, and then it happened again after the bubble was re-inflated.
Due to the nature of Bitcoins, blockchains, and ledgers, the entire history of Bitcoin has been recorded. Every coin spent …read more
Continue reading Now That’s What I Call Crypto: 10 Years of The Best of Bitcoin
By Waqas
An Irish national Gary Davis, who is also known as Libertas, has pleaded guilty to charges related to drug trafficking and is now facing up to 20 years in prison. Davis is accused of running the infamous marketplace Silk Road and served as for… Continue reading Silk Road Admin Pleads Guilty- Might Receive 20 Years Jail Time
An Irish national who helped run the now-defunct dark web marketplace Silk Road pleaded guilty on Friday to drug trafficking charges that carry a maximum sentence of 20 years in prison.
Gary Davis, also known as Libertas, was one of the site administr… Continue reading Silk Road Admin Pleads Guilty – Could Face Up to 20 Years in Prison
The DoJ announced arrests, charges and guilty pleas as part of Operation Darkness Falls, which involved several government agencies. Continue reading Top dark web drug vendors nabbed by ‘Operation Darkness Falls’
The family of “Dread Pirate Roberts” got him an account and is typing in, word for word, his tweets, including his hope for Trump’s clemency. Continue reading Silk Road founder Ross Ulbricht is dictating tweets from prison
The Silk Road investigation has led to another, and final, major arrest, that of 30-year-old Irish citizen Gary Davis, also known as Libertas. He was part of the small staff running the marketplace. After his arrest in 2014, Davis was just now extradit… Continue reading Silk Road administrator extradited to the US to face trial