Dark Net Weapons Bust Leads To 17 Arrests and a $80,000 Bitcoin Seizure
A recent series of busts has shaken the world of dark net weapons commerce. A six-month joint investigation between law enforcement in Australia and the United States, which involved law enforcement going undercover as weapons dealers, has resulted in 17 arrests internationally. In September 2014, the US Homeland Security Investigations (HSI) identified a 33-year-old US-based dark net seller of weapons to a "worldwide client base," according to a press release from the Australian Federal Police (AFP). The arrest came as the result of the Australian Customs and Border Protection Service....
Related News
In this concluding article of our series looking at Silk Road, a year after its closure, we examine the impact the Silk Road bust had on the dark markets and their most widely used digital currency, bitcoin. The FBI may have taken down the Silk Road in spectacular fashion, slapping a seizure notice on the dark marketplace's website and executing the high-profile public arrests of Ross Ulbricht, and later, bitcoin executive Charlie Shrem and digital currency trader Robert Faiella. According to academics and researchers studying dark web markets - which transact almost exclusively in bitcoin....
Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash and cryptocurrencies. Operation Dark Huntor: 150 Arrests, Crypto and Cash Seized The U.S. Department of Justice (DOJ) announced Tuesday that “Operation Dark Huntor” has resulted in 150 arrests worldwide. In addition, over $31.6 million in cash and cryptocurrencies were seized. The DOJ....
In a bust that once again reveals the dark side of cryptocurrency usage, the Hong Kong Customs cracked down on a sophisticated money laundering operation, seizing assets and making several arrests. According to the press release by the Hong Kong Government, the operation to bust this money laundering scheme is dubbed “Fencing,” and it particularly […]
The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used for criminal activities. As part of a dark web operation, Australian police have conducted a massive cryptocurrency seizure. The total value seized was about $6 million (AUD 8.5 million). According to the authorities, this is the largest crypto seizure made in Australia in history. Crypto Seizure And The Dark Web Victoria police reported that the seizure was part of an....
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....