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News Updates

Alphabay Counterfeit Vendor “VIB” Busted in Austria

At the Vienna Regional Criminal Court, an entire “counterfeiting gang” received sentences for producing counterfeit Euro notes and selling them on Alphabay. According to the court, the four members of the so-called “counterfeiting gang” had set up a workshop at a residence in the Landstraße district. The group of Austrians received different sentences based on the roles they played in ... Read More »

18.12.17 Dark Web and Cybercrime Roundup

Dream Vendor ‘DaddyGreenJeans’ aka ‘MrCandy’ Busted The Portland Police Bureau announced that 33-year-old Joseph R. Caruso had allegedly distributed fentanyl and fentanyl analogs via darknet markets. According to their announcement, Caruso sold on Alphabay and Dream Marketplaces under the names “DaddyGreenJeans” and “MrCandy.” The investigation into Caruso began after a Wisconsin man overdosed on a fentanyl analog and officers found ... Read More »

French Fraudster Made 400k in Only a “Few Months”

Audincourt: The Montbeliard-Hericourt police arrested a 20-year-old in Doubs, France, for fraud and use of fraudulent documents. Adam, the 20-year-old university student, had allegedly used the darknet to conduct a series of scams. The police accused him of buying identification documents on the darknet and then using the forged documents to open bank accounts and lines of credit. He seemingly ... Read More »

Bitcoin News Roundup 17.12.17

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoin community donates nearly $2 million to Andreas Antonopoulos following Roger Ver tiff The Bitcoin community recently sent nearly $2 million in donations to Andreas Antonopoulos, a community scholar and lecturer who’s authored several books including Mastering Bitcoin, following a tweet from prominent Bitcoin Cash supporter and Bitocin.com CEO ... Read More »

Austrian Dealers Busted for Darknet Importation

Salzburg: The National Police Directorate (LPD) arrested a 25-year-old drug dealer who had been ordering large quantities of drugs from darknet marketplaces. Officers found more than 1,000 ecstasy pills, 145 grams of MDMA, and 100,000 euros at the dealer’s Salzburg home. The LPD declined to share any details about the investigation and events that led to the dealer’s arrest, but ... Read More »

Georgia Judge Sentences Russian Hacker to 14 Years in Prison

U.S. District Judge Steve C. Jones of the Northern District of Georgia sentenced a Russian cybercriminal to 14 years in prison for involvement in an international hacking conspiracy. The hacker, 33-year-old Roman Valeryevich Seleznev of Vladivostok, Russia, participated in a fraud network that caused more than $50 million in damage. In August 2016, a federal jury in Washington convicted Seleznev ... Read More »

Federal Court Orders Coinbase to Turn Over Records on 14,355 Customers to the IRS

In 2016, Bitcoin exchange Coinbase was ordered by a federal court in California to turn over customer information. On November 29th of this year the court ruled that Coinbase must turn over information on 14,355 customers to the Internal Revenue Service (IRS). The records involve customers who either bought, sold, sent, or received more than $20,000 worth of Bitcoin. The ... Read More »

”Buying of Bitcoins will to Lead Children in Drug Dealings.” Says South Korean’s PM.

In recent years Darknet markets provided expedient sales channels to technologically knowledgeable customers. This approach appears to have considerable potential for growth in drugs sale,” a report claims. The role of fintech, information technology, and social media have been identified as threats to law enforcement agencies’ ability to combat the trade of illegal drugs on the darknet. This has been ... Read More »

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Bitcoin Mining – Is It Still Profitable?

The best answer for this question would be “it all comes down to how much you will invest.” However, to get a more meaningful answer, there are multiple factors to be considered: 1. The price of bitcoin is constantly changing and the volatility is currently extremely high. One bitcoin is currently worth more than $11,000, and less than a month ... Read More »

Can Cryptomarkets Minimize The Harms Associated With Illicit Drug Use?

Cryptomarkets are special forms of online marketplaces that are hosted on the deep web, and feature a large number of vendors. Buyers and vendors on cryptomarkets enjoy the anonymity provided to them by the deep web, as their web locations are concealed and cryptocurrency payments render it almost impossible to track them. Drug trading on various cryptomarkets has recently evolved ... Read More »

The Darknet Search Engine ‘Grams’ is Shutting Down

In 2014, a developer launched Grams, a darknet market search engine. Grams quickly caught on and picked up attention from mainstream tech sites. The site became a useful resource for markets, buyers, journalists, and researchers. In mid-December, 2017, the Grams developer will end Grams and all associated services. The site will be missed. The developer, known only as “gramsadmin,” posted ... Read More »

Detection of Malicious or Black IP Addresses Via Analysis of Daily Darknet Traffic

The world has recently began to recognize the significance and dangerous impact of various forms of network vulnerabilities. Moreover, cybercriminals can exploit these vulnerabilities to phish sensitive and private information from the machines of vulnerable web users. As such, researchers have recently began to thoroughly study how countermeasures can be created to solve various network vulnerability issues. A recently published ... Read More »

4 People Receive Federal Indictments in Fentanyl Distributing Conspiracy

Four residents of Lubbock have been indicted by a federal grand jury on charges of conspiracy to distribute and possess with intent to distribute furanyl fentanyl, announced U.S. Attorney Erin Nealy Cox of the Northern District of Texas. Two of the four people whose arrest came as far back as 2016 for their role in a fentanyl trafficking conspiracy appeared ... Read More »

US Supreme Court Hears Landmark Cellphone Privacy Case

On Wednesday, November 29th oral arguments in the case of Carpenter v. United States began in the Supreme Court of the United States. The Carpenter v. United States case could have huge implications for digital privacy in the United States. Some privacy rights activists are calling this case the biggest case on digital privacy rights of this century. The court’s ... Read More »

“Narcopunishers” on the streets of Kiev (Ukraine)

“Narcopunishers” – is a movement of people’s avengers in Ukraine who claimed themselves to be fighters against drug trafficking. They encourage everyone to take part in a “drug dealers hunt” and turn narcos in by filing a report on the website. The information provided is not even verified and taken as the truth, which means that innocent people might get ... Read More »