Drug Enforcement Officer From India Accused of Stealing Bitcoins
This week an Indian-Narcotics Control Bureau officer has been charged with stealing bitcoins from a darknet investigation. Drug Enforcement Officer From India Accused of Stealing Bitcoins. Over the past few years, law enforcement in India has been investigating darknet marketplace usage within the country. There have been multiple reports of the....
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More evidence has come to light in the recentcase of two former federal agents being charged with money laundering, wire fraud, and stealing Bitcoins. Mark Karpeles, Chief Executive Officer of the presently non-operational Japanese Bitcoin exchange Mt Gox has leaked the email exchanges between him and the disgraced Drug Enforcement Administration officer Carl Force. The email interaction took place in April and May of 2013. Mark uploaded the interaction as screenshots on popular image hosting website, Imgur. In one email, Cark says, "I wanted to ask you if you could back me on a deal for....
In a landmark case that could see the first ever seizure of bitcoin during a criminal investigation in India, the Narcotics Control Bureau (NCB) will look to seize about 400-500 bitcoins (approx. ₹ 21,883,567 INR or $ 327,170 USD) from the accounts of alleged drug traffickers in the country. The seizure comes as a part of a wider crackdown on drug trafficking conducted over darknet marketplaces wherein a joint-effort by law enforcement agencies has, thus far, begun investigations on three drug syndicates in the country, reports Indian e-publication LiveMint. In one particular case from....
India is quickly becoming a hotbed of Bitcoin activity. We reported last week on an Indian media broadcast, creating news and shows around the digital currency and forecasting huge Bitcoin value increases due to high demand in India. Now, a burgeoning drug syndicate that used a combination of ‘The Darknet’ and Bitcoin to grow an illegal drug trafficking operation has been discovered by authorities according to sources. Authorities have been tracking this activity for several months. India’s Narcotics Control Bureau first discovered two illicit drug vendors operating out of India, however,....
US law enforcement officials are set to gather for a digital currency seminar next month that aims to help participants better understand digital currencies as they relate to illegal drug trafficking and money laundering. The class is titled 'Digital Currency/Bitcoins for Law Enforcement 101', and it is being organised by the LA High Intensity Drug Trafficking Area (HIDTA) Training Centre, part of the Office of National Drug Control Policy. As the name suggests, the seminar is aimed at those who know very little about the subject and the invite (which can be viewed in full below) makes an....
Carl Force, a 46 year old member of Baltimore’s Silk Road task force and former U.S. Drug Enforcement Administration agent has finally plead for an agreement with prosecutors. Amidst the shutdown of the online dark marketplace Silk Road, Force was accused for stealing hundreds of thousands of dollars’ worth of bitcoins confiscated from the online dark marketplace and for transferring it to his own personal bank account instead of seizing it as a government property. The criminal complaint filed against Force on March 25 by an IRS agent Tigran Gambaryan read: “FORCE stole and converted to....