Did €160,000 in Bitcoin Help Bust Counterfeit Euro Darknet Vendor?
Europol has revealed the arrests of members of a darknet-based counterfeit currency racket who received over €160,000 in Bitcoin (approx. $172,000). In an announcement, today, Europol, the European Union’s primary law enforcement agency, revealed details of an investigation of a criminal group touted to “one of the biggest vendors of counterfeit euro currency online.” The vendor was active in different marketplaces, Europol added, with accomplices in the Naples area, in Italy. The investigation revealed that the vendor was selling counterfeit 20, 50 and 100 euro notes on the Darknet for....
Related News
Virtually every purchase of these counterfeit bills was paid for in Bitcoin, which remains the primary currency of the deep web. Bitcoin fraud can come in many different ways. An ongoing Europol investigation revealed how a criminal group was selling counterfeit euros on the darknet. Early estimates indicate they earned 160,000 Euros worth of Bitcoin through this method. Police officials arrested eight suspects earlier this week, and several hundred buyers have been identified. The investigation in question is a joint effort by Europol and the Guardia di Finanza in Italy. During this....
Furthermore, one of the four arrested individuals possessed Bitcoin at the time of the raid. According to sources, there was 340,000 EUR worth of Bitcoin in his wallet. German police officials have arrested four individuals suspected of selling drugs on the darknet. Keeping in mind how government officials and law enforcement agencies are cracking down on deep web users all over the country, this news is not entirely surprising. All four arrested individuals were active on a German darknet forum. Buying and selling drugs is illegal, and the darknet is no exception to this rule. Then again,....
The alleged leader of a darknet drug trafficking group has been extradited from Romania to Denver, to face multiple criminal charges. The alleged leader of the drug ring is suspected to be the brains behind the darknet vendor “ItalianMafiaBrussels”. Filip Lucian Simion, a 23-year-old man was extradited from Romania to Denver, Colorado to face charges of drug trafficking and money laundering, the U.S. Department of Justice announced. Simion was arrested along with nine other defendants during a joint U.S./European law enforcement operation in the early hours of May 3, 2016. Simultaneous....
Investigations in the aftermath of the recent terror attack in Munich which saw nine people killed in a Munich shopping center on Friday will now see darknet markets under the scanner. Speaking to journalists today, Holger Muench, the chief of Germany’s Federal Criminal Police (also known as Bundeskriminalamt or BKA), has stated that the emergence of the darknet as a trading platform will see investigations focus on the clandestine corner of the internet. The darknet, an overlay network that can only be accessed by specific software and nodes like Tor is commonly known as an illicit....
Images uploaded by darknet vendors may contain geographical location coordinates embedded in its metadata. The darknet is not as secretive as it was thought earlier. A recent research indicates that many darknet vendors may have unwittingly announced their location on various deepweb marketplaces. According to researchers Paul Lisker and Michael Rose, the images of drugs and other products shared by darknet vendors may contain embedded geographical coordinates pointing out their location. The sensitive, damning information is found on images, stored as metadata which is part of the....