Bitcoin-Accepting Irish Deep Web Drug Vendors Await Their Trial
Hiding the drugs was a challenge for these three men, and they resorted to using jigsaw puzzles most of the time. Packages were sent out via couriers, who would then deliver goods across Northern Ireland. The dark web once used to be a place where anonymity was virtually guaranteed, and internet criminals got away with just about anything. But that is no longer the case, as more and more people get arrested for their illicit activities. Moreover, using Bitcoin as a payment method is not helping to hide tracks, as three Irish men have found out the hard way. Although the involvement of....
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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)....
Bitcoin and drug trafficking on the deep web keep coming together now and then for some odd reason. A student by the ESU was arrested for buying and selling LSD on the deep web, and all of his purchases were paid for in Bitcoin. ESU Student Turns Into LSD Drug Dealer. ESU Student Michael Mancini has been accused of buying LSD on the deep web, and selling them to his fellow roommates afterward. Most people know the deep web as a part of the Internet which requires specific software – a Tor browser – to access marketplaces where illegal activity is running rampant. Although not all of the....
Blockchain technology can ensure the integrity of clinical trial data by making immutable records of trial protocols. Bitcoin was created with an intention of saving people’s lives from being ruined by the centralized monetary system and flawed policies framed by governments and central banks. When Satoshi Nakamoto published the white paper on Bitcoin, no one imagined that it may literally save lives in the long run. As developers continue to unearth new applications of Bitcoin’s underlying blockchain technology, one of the major breakthroughs of its application is in the field of drug....
India is quickly becoming a hotbed of Bitcoin activity. We reported last week on an Indian media broadcast, creating news and shows around the digital currency and forecasting huge Bitcoin value increases due to high demand in India. Now, a burgeoning drug syndicate that used a combination of ‘The Darknet’ and Bitcoin to grow an illegal drug trafficking operation has been discovered by authorities according to sources. Authorities have been tracking this activity for several months. India’s Narcotics Control Bureau first discovered two illicit drug vendors operating out of India, however,....
An investment industry trade group based in Ireland has completed a blockchain proof-of-concept aimed at streamlining regulatory reporting. Irish Funds announced the end of the trial today, conducted at Deloitte's Dublin-based blockchain lab. The test, which began early last month, featured Deutsche Bank, Metzler, Northern Trust and State Street as participants. Dubbed "RegChain", the pilot utilized technology from ethereum and the InterPlanetary File System (IPFS) to track and analyze transactions, then organize the data into completed financial statements to then be viewed by....