Dutch Authorities Arrest 10 Suspects using Bitcoin for Illicit Goods

Dutch Authorities Arrest 10 Suspects using Bitcoin for Illicit Goods

The investigative department of the tax authorities FIOD stormed into 15 location in the Netherlands to arrest 10 suspects in a fully launched investigation to shut down criminals using Bitcoin to purchase illicit goods over the Dark Web. The FIOD raided addresses in Rotterdam, Zoetermeer, Almere, Dordrecht, Zaandijk, Schiedam, s-Gravenhage and Putten. The authorities already processed the seizure of luxury items including expensive cars, cash, bank accounts and raw materials utilized to manufacture and distribute ecstasy. According to the statement of the prosecutor, an increasing number....


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Quotes

The early days of the internet was like this scary thing, all gambling, and porn and you couldn't even transact on there. And then nice walled gardens came along and made everyone quite comfortable with it, which may be like banks and financial institutions are doing now. But it kind of misses the point. The idea of the web and the internet is supposed to be open to everyone.

Paul Gordon, CEO of Quantave