Drug Marketplace Reportedly Disappears with Users' Bitcoin
Ever since the downfall of underground drug marketplace Silk Road, many new entrants had tried to replace its criminalized glory. One among such newbies were Evolution Marketplace that was launched only a few months back, and soon gained fame for its notorious product range. However in the last few days, the drug bazaar is said to have been taken down by, as many believe, its own administrators. According to a complaint submitted on Reddit by one of the Evolution staff member, the owners of the drug marketplace - Verto and Kimble - were running a scam in the name of an online bazaar. He....
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Douppikauppa, a well-known drug seller on Valhalla darknet marketplace was arrested by Finnish law enforcement agencies. One more darknet seller bites the dust! The Finnish law enforcement agencies have reportedly arrested one of the leading darknet drugs seller in the region going by the name Douppikauppa. According to a leading deepweb news website, Douppikauppa was one of the reputed darknet vendors who has been selling various drugs on Valhalla (a darknet marketplace). His arrest is said to be linked to last month’s press release by the Finnish Customs regarding the seizure of a large....
Ever since the Silk Road platform came to fruition, Bitcoin seems to become a favourite form of payment across dark web marketplaces. Kripos, the Norwegian Police Service’s specialized agency, is close to concluding their largest operation – dubbed Marco Polo – against a drug ring on the dark web. The dark web is attracting all types of Internet criminals these days, and online drug trafficking is just one of the many types of business taking place. A recent sting by Kripos in Norway led to the arrest of fifteen individuals, all of whom were involved in drug trafficking on the dark web.....
Drug sales on the dark web actually increased after the closure of bitcoin-only marketplace Silk Road, a new survey has shown. Established by addiction specialist Dr Adam Winstock in 2011, the Global Drug Survey is a harm reduction initiative that seeks to provide accurate statistics on substance use worldwide. Analysing over 100,000 responses from 50 countries, the survey found the number of users buying drugs from dark marketplaces rose by 1.2% in 2014. The UK led this surge in demand, with 15.1% of British drug users buying from the dark web, a near-3% rise from the year before.....
Finland Customs department has unearthed a large organized drug ring operating on the dark net. Finland’s Customs department has announced that it has uncovered the largest drug trafficking organization in the country. A press release published on Friday, August 26, 2016, by the Finnish Customs, states that the department has detained three people on suspicion of importing large quantities of banned substances into the country. According to the release, these three detainees are suspected of importing more than 3 million euros’ worth of narcotics in different forms over a period of two....
Blockchain based reward program Ribbit. Me recently initiated the launch of Marketplace.life, reportedly the first-ever peer-to-peer marketplace that features a cash back reward system. As per the available details, the new Ribbit. Me platform will further allow users to transact in all kind of fiat and digital currencies, including Bitcoin. The cash rewards - RibbitRewards - meanwhile will be allocated to users upon successful transactions. These reward points, just like those given by credit cards, can be used later in future transactions. A small percentage of RibbitRewards will also be....