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Silk Road

Ross Ulbricht Letter Questions the Wisdom of Imprisoning Non-Violent Offenders

<header class=”article__header”> </header> <b>Forced to spend the rest of his days in a cage, Ross Ulbricht has recounted his situation in a letter, which explains how he’s spent more than 2,096 days in a U.S. federal penitentiary for running a website.</b> Also Read: Bitcoin ‘Inventor’ Craig Wright Claims He Can’t Access Coins in Court Testimony …

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Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time

<header class=”article__header”> </header> <strong>Following the sentencing of Thomas White, the founder of the Silk Road 2 (SR2) marketplace during the first week of April, another SR2 administrator may evade prosecution. According to reports, SR2 admin Blake Benthall cooperated with global law enforcement and may only face fines for avoiding taxes. The news of the two …

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Chaos Reigns as Darknet Markets are Downed

<strong>In the last 72 hours, numerous darknet markets (DNMs) have been downed in a concerted DDoS attack. Meanwhile, Europol has been crowing over its success in toppling two markets that were already known to be stricken, Wall Street and Valhalla. As the dust settles, darknet users have been trying to separate FUD from fact.</strong> Also …

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Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

<header class=”article__header”> </header> <strong>During the first week of April, news.Bitcoin.com reported on a large swarm of darknet market (DNM) users flocking from Dream to the Wall Street marketplace. However, the migration hasn’t been as successful as it may have first seemed, with some vendors alleging that Wall Street has pulled an exit scam and ran …

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Silk Road 2 Founder Finally Sentenced 5 Years After His Arrest

<strong>Immediately after the Silk Road was taken down in 2013, a marketplace known as the Silk Road 2 launched. The new darknet market was run by a person who called himself the Dread Pirate Roberts 2 and he was arrested a few months later in November 2014. However, privacy advocate Thomas White, otherwise known as …

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The Darknet’s Largest Marketplace Is Closing – But a Replacement Is on Its Way

<strong>After more than five years of business, Dream is preparing to close its doors. The darknet marketplace (DNM) will shut up shop within a month, before relaunching under a new name and onion domain. The move has caused jitters within the darknet community, with buyers seeking reassurances that the site hasn’t been compromised by law …

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Auscoin Exchange Suspended After Arrest of Sam Karagiozis

<strong>27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including his controversial nationwide cryptocurrency ATM network, …

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US Marshals Seeks New Recruit to Dispose of Seized Crypto

<header class=”article__header”> </header> <strong>The U.S. Marshals is looking to hire an individual who can manage cryptocurrencies for the Asset Forfeiture Division. Over the last few years, the law enforcement agency has seized thousands of bitcoins from a variety of investigations. Now the Marshals are in need someone who is competent enough to handle matters like …

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Two Australian Crypto Exchange Licenses Suspended Following Arrest

</header> <strong>Two Australian cryptocurrency exchanges have been suspended by the Australian Transaction Reports and Analysis Centre (Austrac) following raids conducted by the Australian Federal Police in Melbourne. The raids resulted in the arrest of a 27-year-old who has been described as a “key member” of both exchanges.</strong> Also Read: P2P Markets: Russian Localbitcoins Trade Outpaces …

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