Former Silk Road Member Arrested for Selling Drugs on Dark Web
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....
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Illicit goods obtained by Dutch and German police. Source: om.nl. The Dutch public prosecution service is reporting that Dutch and German police have shut down and seized assets of Utopia, a dark net website only accessible via the Tor network used to trade illegal goods such as drugs, stolen credit card numbers, and weaponry similar to the Silk Road website shut down last year by American authorities. Five individuals with ties to the marketplace have been arrested and taken into custody, and authorities have seized about 900 bitcoins, worth about $595,000 at the time of this writing.....
Norway police made their largest drug bust ever last month when they arrested 15 people selling drugs on what they claim is the second version of the notorious Silk Road online marketplace that the U.S. Federal Bureau of Investigation closed in 2013, according to the The Local Europe AB, a Swedish news source. Kripos, Norway’s National Criminal Investigation Service, launched Operation Marco Polo, the nation’s largest operation against organized drug crime, on the dark web. Verdens Gang, an Oslo, Norway newspaper reported this week that the sting resulted in the arrested of 15 people,....
Two U.K. men who pleaded guilty to selling drugs on the Silk Road Marketplace website were each sentenced to five years in jail, according to The Express & Star in the U.K. Richard Hiley worked with Peter Ward, who was reported to be a major figure on the dark web and used the name PlutoPete. Ward commissioned Hiley, a former customer, to transfer bitcoins into cash. The duo claimed to be running a legitimate business offering legal highs. Ward called himself a “psychonaut,” specializing in military-grade foil packaging that could hide illegal materials from detection. Ward also....
Writing on Gizmodo Australia, Kate Knibbs acutely observes that there are three things you can count on in life: Death, taxes, and people buying drugs on the internet. Two days ago, the FBI and other international law enforcement agencies shut down Silk Road 2.0 and other online drug markets, and arrested tens of people. Of course, there is already a Silk Road 3.0, and it seems likely that other Silk Roads will follow. The news about Silk Road 3.0 were first reported by Business Insider and shared on Reddit yesterday, but without revealing the address of the new online crypto market.....
Bitcoin has been the de facto currency of the Dark Web - the 'hidden' Internet accessible only by Tor - since the pioneering marketplace Silk Road, the 'eBay of drugs', arrived in 2011. But just how much do we know about these new underground economies? Who is buying and selling - and what? Here's what available data can tell us about bitcoin on the Dark Web. Bitcoin on the Dark Web: the Facts