Tagged: dark web

AML Compliance Firm Elliptic Launches XRP Monitoring Platform, Points to $400 Million in Nefarious Transactions

Elliptic, a provider of crypto-asset risk management solutions, has launched a monitoring system for XRP (Ripple) transactions. Simultaneously, Elliptic claims they have identified “$400 million of illicit activity” without naming perpetrators nor specifically what type of illegal transactions are taking place. Elliptic notes that this… Read More

Former US Military Interpreter Sentenced to 30 Years in Federal Prison for Selling Fentanyl, Accepting Crypto Payments

Alaa Mohammed Allawi, a former interpreter for the US military forces, has been sentenced to 30 years in prison for selling fentanyl, which resulted in the death of a US marine. Allawi, who previously worked as an Iraqi US interpreter, will be serving his sentence… Read More

“Prolific” Dark Net Fentanyl Dealer Forfeits $4 Million USD, Including Bitcoins

A man who pleaded guilty in New York to distributing, “prolific quantities of powerful opioids,’ has also agreed to forfeit $4,156,198.18, “including the funds or currency in seven different Bitcoin wallet addresses.” The release regarding the plea and forfeiture from the Department of Justice (DOJ), U.S. Attorney’s… Read More

Long, Slow Arm of the Law: Police Bust Man Laundering Bitcoins from Silk Road More Than 6 Years After it Shut Down

An accused narcotrafficker has been charged with money laundering by the State of New York for allegedly trying to “wash $19 million in illicit cryptocurrency.” Hugh Brian Haney, 60, allegedly came by the funds as, “proceeds of his narcotics trafficking on the Dark Web site… Read More

Second Dark Net Bust in New York Results in First Conviction for Money Laundering by Cryptocurrency

Two men who ran a Dark Net website called NextDayGear from which they sold more than 10 000 packages of illicit drugs have been convicted in New York. The men, Callaway Crain, 35, and Mark Sanchez, 35, both plead guilty, and now face between 2.5 and… Read More

Hacker Now Selling 747 Million People’s Data on Dark Net, Including Data of 450 000 Coinmama Crypto Exchange Users

A hacker that posted 620 million individual’s data for sale earlier this week on the Dark Net marketplace “Dream Market” has now added the private data of an additional 127 million people, including 450 000 users of the Israel-based crypto exchange, Coinmama, TechCrunch reports. The… Read More

Oakland Man Accused of Using Bitcoins on Dark Net to Purchase Chemical Weapon for Use in Domestic Violence

Oakland, California resident Sandford Bemi Faison is being held on charges alleging he tried to buy a toxic chemical on the Dark Net in order to poison his estranged spouse, The Los Angeles Times reports. The intended victim is also the mother of the accused’s two… Read More

Nurse Selling Opiods for Bitcoins on Dark Net Arrested in California

A nurse from Rancho Cordova, California, has been arrested by federal agents in the US and charged with conspiracy and distribution of fentanyl for allegedly selling more than 20 ooo prescription opioid pills and patches over the Dark Net for bitcoins, The Sacramento Bee reports…. Read More

Police Officer Accused of Selling French Intelligence for Bitcoin on Darknet

A police officer working for a French intelligence agency tasked with maintaining national security inside France has been arrested and detained for allegedly selling state secrets for Bitcoin on the Darknet, Le Parisien reports. The officer was reportedly working as part of “a sensitive division”… Read More

Current Bitcoin Demand is 90% Driven by Speculation, Not Illegal Acts, DEA Agent Says

An overwhelming majority of bitcoin transactions are taking place between speculators, says Drug Enforcement Agency (DEA) Agent Lilita Infante. Infante told Bloomberg recently that in the five years since she began doing forensics on Bitcoin’s immutable ledger, the ratio of illegal activity she detects being… Read More

Accused Silk Road Second in Command Extradited to US

Yet another computer-savant smart enough to have allegedly managed a vast Dark Web marketplace yet not quite smart enough to avoid countries with extradition treaties with the US is on his way there to face charges of conspiracy to traffic drugs and launder money. According… Read More

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