US Senator: Dark Market Fight Requires More Funding
US Senator Charles Schumer (D-NY) has called for a crackdown on the dark web following reports that illicit marketplaces are thriving even after the government shutdown of Silk Road. In an open letter addressed to Attorney General Eric Holder and published by Schumer's office on 27th October, the senator pledged to both secure additional funding for anti-dark web activities and continue pressing for increased oversight of technologies that facilitate such activities. The letter cited the Tor network and bitcoin as mechanisms used by criminals to help conceal the global drug trade. In a....
Related News
Law enforcement agencies and government officials are trying to come up with a strategy to fight Bitcoin ransomware on a global scale. One proposal would see countries not doing anything to stop ransomware groups should be treated the same as those who aid in terrorism. Playing the Terrorism Card to Fight Ransomware. The topic of Bitcoin ransomware has....
The Department of Justice, together with Homeland Security, USPS, and the IRS have been able to arrest one man selling drugs via the dark web. Accessing these underground marketplaces requires special software- called Tor - which lets users access the part of the Internet that is not indexed by search engines. The term dark web seems to come up fairly often these days, and in most cases, there is a link to Bitcoin being used as one of the supported payment methods. A recent arrest in Fresno, CA is related both Bitcoin and the dark web, as one person was identified as selling drugs on an....
Three years ago, New York Senator Chuck Schumer held a press conference to pressure federal law enforcement to crack down on Silk Road, the anonymous online drug market that had only just come to light. The crack down took eventually place in October 2013, and it's evident that it didn't do much good. Only a month after the Silk Road 1.0 bust, a new Silk Road 2.0 launched to replace the original site. Now there are around 30 copycat marketplaces, including Hydra, Pandora, Outlaw Market, Agora, 1776 Market Place, and Evolution, and most of them are doing a decent trade. Agora, now offers....
Many people believe that search engines, especially Google, can index most of the pages available on the web for a given search query. Nonetheless, the truth is that there is a massive part of the internet that cannot be accessed by Google's crawling spiders. This part of the web is known as the "Dark Web" and it is a place where cryptocurrency, namely bitcoin, is the official currency. What is The Dark Web? The dark web, or deep web (false name as the deep web is a part of the dark web), represents the parts of the world wide web that are hosted on overlay networks, darknets, TOR....
U.S. Senator Cynthia Lummis in an interview said she was all in on Bitcoin. The interview took place during the Bitcoin Conference earlier in the year in Miami. Senator Lummis is the first woman to be elected as a Wyoming senator. Keeping in line with this stride, the senator believe Bitcoin is a great way […]