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Silk Road founder Ross Ulbricht, serving life in prison without parole, has joined Twitter. While denied direct internet access from behind bars, he is now able to communicate with the Twittersphere, in a fashion, with the aid of hand-written notes posted to a Twitter account in his name. It is hoped the account will keep … Read more
It appears that there is an international crackdown on darknet marketplaces trading cryptocurrencies for recreational drugs. Soon after American undercover agents exposed dozens of vendors, European forces conducted what Europol calls “Europe’s biggest ever LSD bust.” Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown “Europe’s Biggest Ever LSD Bust” The … Read more
On June 28, 2018, the US Supreme Court revealed it would not re-evaluate Ross Ulbricht’s court case and double life sentence tied to his charges of operating the Silk Road marketplace. Ulbricht’s legal team and family were hoping the recent Carpenter Vs. US Supreme Court case would spur court officials to reconsider the Ulbricht’s conviction. … Read more
Kyle Armstrong, of the FBI’s Virtual Currency Initiative, says the Bureau has 130 cryptocurrency-related cases, and that dark web drug sales are a particular focus Go to Source Powered by WPeMatico
US authorities have revealed that their agents had been operating undercover on the Darknet for the past year. The massive operation uncovered the true identity of over fifty vendors on sites such as Silk Road, Alpha Bay, Hansa, Dream, and more. Over 35 people have already been arrested and goods worth over $23.6 million have been … Read more
While there are many potential benefits to cryptocurrency, one has to acknowledge this new form of money has gotten a bad reputation as well. There are many reasons as to why criminals are drawn to Bitcoin and other similar currencies. Even so, it remains to be seen how long this situation will remain in place. … Read more
The website Rapture Market has been down for well over a week for users who frequent the darknet, causing concern that another DNM has committed an exit scam. Currently, the market’s customers and some vendors are freaking out as the online marketplace was gaining in popularity and enjoying solid ratings with decent uptime. However, Rapture … Read more
This week, Elias Valentin Smith, a 20-year-old man from New Zealand, successfully appealed his prison sentence for drug dealing with bitcoin as a teenager. This was despite the fact that the court system considered the use of bitcoin as a sign of criminal sophistication. Also Read: Bitcoin Is Not Used by Organized Crime Says Hong … Read more
Ever since Reddit pulled the plug on r/darknetmarkets, deep web users have been starved of real time information on trustworthy sites and vendors. Deep Dot Web is one of the few remaining clearnet portals where information on darknet markets (DNMs) can be found. DNMs were bitcoin’s first “killer app”, and to this day provide one … Read more
As India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill. Also read: Russian Regulators … Read more
