European Prosecutors Launch Project to Combat Online Dark Markets
European prosecutors are speaking out about a new pan-European project designed to combat dark markets on the web - and they're addressing bitcoin as a key tool of these illicit bazaars. The Illegal Trade on Online Marketplaces (ITOM) was initiated by the Dutch Public Prosecution Service, the Openbaar Ministrie. Kicking off with a meeting in April this year, the project draws together law enforcement from various European countries in an attempt to stop the illegal trade of goods online. Agencies involved include Europol and law enforcement from the UK, Portugal, and Germany. The project....
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Dutch prosecutors have announced the arrest of ten men suspected of using Bitcoin to launder up to 20 million euros (approx. $21.8 million). A major international investigation that reportedly involved officials from countries including the United States, Australia, Lithuania and Morocco has resulted in the apprehending of ten men in Netherlands, Dutch prosecutors announced today. The prosecutors made a marked statement to emphasize that traders engaging in illegal operations on the Dark Web, aren’t always doing so anonymously. Referencing this, a statement by the prosecutors read:....
The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “efforts to combat the growing threat posed by the illicit use of digital assets to the American public.”
US Government’s Digital Asset Coordinator Network
The U.S. Department of Justice (DOJ) announced Friday that its Criminal Division has established the nationwide Digital Asset Coordinator (DAC) Network.
The Justice Department noted that the DAC....
The Internet has provided a new portal for narcotics customers and suppliers to gain access to illicit drugs, says the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). According to a research report by the organization, Dark Net Market (DNM) usage is rising in popularity. Dark Net Markets Are Growing Exponentially and Overcoming....
At least 400 dark net web domains have been reported seized and 17 individuals arrested in connection with Operation Onymous, an ongoing global cybercrime crackdown. A number of high-profile dark net markets, most notably Silk Road 2.0, have been shut down by law enforcement agencies in the US and Europe over the past 24 hours. The European Union's Judicial Cooperation Unit, or Eurojust, reported on 7th November that 414 dark web domains have been seized so far as part of Operation Onymous. All of the sites in question were accessible through the Tor network, which according to those....
Dark Net Markets (DNM) are growing bigger than ever, with the Economist reporting over $50 million USD in transactions flowing through these marketplaces. The publication used data collected from Gwern Branwen’s dark web archive and broke down quite a bit of the behavior taking place in the Dark Net Market environment. Dark Net Markets are Booming. Since....