Dark Web Drug Lord Forfeits $2.3 Million In Bitcoin, Gets 8 Years In Jail

A new report, commissioned by the Dutch government, shows that online drug markets have grown since 2013 despite an uptick in major crackdowns since that time. Global Drug Dealers Raking in Millions on the Dark Net. The report was requested by the Netherlands government to determine how drug markets have fared in the years after Silk Road’s demise. Unfortunately for authorities, the report seems to suggest that their efforts to stop online drug trading have mostly failed. In fact, according to the report, the successors of Silk Road are raking in millions of dollars in revenue each month.....

Ever since the Silk Road platform came to fruition, Bitcoin seems to become a favourite form of payment across dark web marketplaces. Kripos, the Norwegian Police Service’s specialized agency, is close to concluding their largest operation – dubbed Marco Polo – against a drug ring on the dark web. The dark web is attracting all types of Internet criminals these days, and online drug trafficking is just one of the many types of business taking place. A recent sting by Kripos in Norway led to the arrest of fifteen individuals, all of whom were involved in drug trafficking on the dark web.....

Finland Customs department has unearthed a large organized drug ring operating on the dark net. Finland’s Customs department has announced that it has uncovered the largest drug trafficking organization in the country. A press release published on Friday, August 26, 2016, by the Finnish Customs, states that the department has detained three people on suspicion of importing large quantities of banned substances into the country. According to the release, these three detainees are suspected of importing more than 3 million euros’ worth of narcotics in different forms over a period of two....

Drug sales on the dark web actually increased after the closure of bitcoin-only marketplace Silk Road, a new survey has shown. Established by addiction specialist Dr Adam Winstock in 2011, the Global Drug Survey is a harm reduction initiative that seeks to provide accurate statistics on substance use worldwide. Analysing over 100,000 responses from 50 countries, the survey found the number of users buying drugs from dark marketplaces rose by 1.2% in 2014. The UK led this surge in demand, with 15.1% of British drug users buying from the dark web, a near-3% rise from the year before.....

Nigel Farage, the former Ukip leader's closest aide George Cottrell who runs Mr Farage’s private office, is in custody in the US awaiting trial on 21 charges including attempted extortion, money laundering and fraud after allegedly being caught in an FBI sting accused of offering to launder money for drug traffickers after advertising his services on the dark web. The 22-year-old, whose former glamour model mother once dated Prince Charles, used the dark web websites that offer privacy because they are difficult to be traced and need special software called Tor to access. But the ‘drug....