€1.5m / $1.8m Worth of Bitcoin Seized in Dublin Drug Raid
Less than a mile from my home, as the Web Summit wrapped up in Dublin's RDS, Gardai (the Irish police) raided an office in the leafy suburbs. Two men were arrested as part of an international operation targeting drug sellers using Tor, and several hundred thousand euro in cash, as well as quantities of of drugs were seized, along with computer equipment.....
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This week the Irish police in coordination with several other police organizations around the world, has begun a big operation codename Onymous, against the illegal market Silkroad and other organized movements acting inside the darknet sphere. Today morning the Garda National has seized an illegal operation from an Irish silk road based drug trafficker. Ecstasy tablets, LSD and other controlled drugs nearing €180,000 in value, have been seized by Gardaí in a raid on ‘Darknet’ drug distribution centre in Dublin. Members from the Garda National Drug Unit, the Criminal Assets Bureau (CAB)....
Two men in Ireland, one a bitcoin trader, pled guilty to selling drugs on the darknet to customers worldwide, according to The Irish Examiner. The bitcoin trader posted drug orders to different countries after trading bitcoin. He admitted to selling drugs on Silk Road and Agora. Police charged Richard O'Connor and Neil Mannion, both 34 years old and from Dublin, with possessing drugs valued at €143,000 following a police raid at a south Dublin business premise in October of 2014. Comparing the enterprise to Amazon or eBay, Detective Sergeant Brian Roberts said the darknet is a phenomenon....
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. At the time of writing, the bitcoin stash is worth $78.75 million. Most of the seized coins were accumulated in raids before 2018. The Finnish State Treasury set out guidelines for handling crypto assets that year. It prohibited....
Australian newspaper The Age this week reported that millions of dollars worth of bitcoin has been seized in a drug bust spearheaded by Victorian authorities. Said report indicates that the Director of Public Prosecutions "obtained a restraining order" on the bitcoins from the suspected drug traffickers' wallet some time in 2012-2013. This information came from the office's most recent annual report presented on Tuesday in state parliament. "Criminals have embraced the digital currency to transact in illicit goods and to launder money across borders, posing a challenge to law enforcement,"....
According to a recent report by Forbes, the US Drug Enforcement Agency (DEA) has inadvertently transferred $50,000 worth of seized cryptocurrency to a hacker, who has amassed hundreds of thousands in Ethereum (ETH) within a few months. Earlier this year, the DEA seized approximately $500,000 in Tether, a stablecoin pegged 1:1 to the US dollar, […]