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Bitcoin News roundup 7.1.17

This week’s summary of various cryptocurrency news and developments: New developments: Facebook CEO studying cryptocurrencies in quest for decentralization Mark Zuckerberg, in what he called personal challenges for the year ahead, revealed that he is studying cryptocurrencies and encryption to improve the social networking service he co-founded. He noted that this year he is going to focus on “fixing important ... Read More »

Ecstasy Vendor ‘StoneIsland’ to Spend 16 Years in Prison

Judge Roger Hetherington sentenced 26-year-old Kurt Lailan to 16 years in prison for selling thousands of ecstasy pills on darknet marketplaces under the name “StoneIsland.” Officers from the South East Regional Organised Crime Unit (SEROCU) caught Lailan on May 10, 2016, after intercepting almost 10,000 ecstasy pills Lailan and his father had imported from Holland. Portsmouth Crown Court heard how ... Read More »

Former Russian police officer claims: “War on drugs is lost”

During the interview to “Lenta.ru,” a former officer of Federal Drug Control Service of Russia explained how the war on drugs was lost and why all controlled substances are sold and bought on the darknet. “No one buys on the streets” In the Drug Control Service we did not follow trends. Maybe it happened because we got used to monitoring ... Read More »

Man Downloaded a ‘Pedophile Manual’ on the Darknet

Norwich Crown Court heard how 40-year-old Lee Daly had downloaded a so-called “pedophile manual” from the darknet. The man read the 170 page document, but he never acted on any of the information contained within it. Police investigators reported that he had not downloaded or viewed any child pornography either—he had simply visited a darknet child abuse site and downloaded ... Read More »

How do Russians run business on darknet?

Dmitry Nosov, a leader of the Russian social public organization “Antidealer”, said during the interview to a radio station: “We have a very important task – to bring drugs trafficking back to the streets, away from the Internet”. What made the Russian darknet so attractive for both sellers and customers? In this article we shall try to answer this question. ... Read More »

NSA Exploits Used to Create Monero Mining Malware

A pair of exploits used by the NSA, which had been leaked online earlier this year by the hacker group known as the Shadow Brokers, is now causing havoc by aiding a group that is using the exploits to install malware which runs Monero mining software on infected computers. Cybersecurity experts from F5 Networks have discovered an attacker who is ... Read More »

Feds to Sell Alleged Darknet Dealer’s Bitcoin

In December, a federal judge signed an order that allowed the U.S. government to sell bitcoin seized in an investigation into a fentanyl trafficking ring in Utah. Even though the defendants and original owners of the assets still faced charges in court, the U.S. Attorney’s Office moved to sell the digital currency and vehicles prior to any sentencing, citing the ... Read More »

Alphabay Vendor ‘Courvoisier’ Pleaded Guilty to UK Hacking Charges

Grant West, a 25-year-old UK man, has pleaded guilty to stealing customer details from 17 major websites and reselling the information on the darknet. He admitted attacking Uber, T-Mobile, Groupon, Vitality, Coral Betting, AO.com, the British Cardiovascular Society, Mighty Deals Limited, Truly Experiences Ltd, Ladbrokes, Asda, Argos, Nectar, M R Porter, RS Feva Class Association 2017, Just Eat, and Sainsburys. ... Read More »

Woman Sentenced to Six Years for Hiring a Hitman on the Darknet

In Lyngby, Denmark, a 58-year-old woman received a six year prison sentence for trying to have a man killed through a darknet murder-for-hire service. The first public mentions of the case occurred only a couple of months before the sentence hearing, even though Danish authorities arrested the woman in early 2017. Informative case details only started surfacing after the December ... Read More »

Ex Cop Sentenced for Buying a Gun on the Darknet

After falling into a trap set by undercover officers on the darknet, for PSNI officer Allan Kennedy will be spending the next 5.5 years behind bars. He admitted attempting to purchase a 9mm pistol and silencer from the undercover officer. After his arrest, police discovered evidence that indicated the former police officer had been selling drugs—another crime Kennedy pleaded guilty ... Read More »

3.1.18 Dark Web and Cybercrime Roundup

Suspect Calls ‘Black Death’ Kidnapping a Publicity Stunt The story of the self-proclaimed model who cried “Black Death Group” refuses to stop making headlines. This time, Chloe Ayling’s alleged kidnapper—who slept beside her and went shoe shopping with her—claimed that she had invented the entire narrative. She had allegedly wanted to further her modelling career through a story about human ... Read More »

Man Arrested by ‘Almost Ten’ Officers for Ordering Five Pills

In Switzerland, authorities charged a 25-year-old man with violations of the Narcotics Act after he ordered five ecstasy pills from a darknet vendor that the police intercepted. The suspect asked the vendor for a reship, but instead of the drugs at his door, he said he found “almost ten policemen.” He argued that the overkill caused him emotional distress. Despite ... Read More »

UK Man Convicted for Buying Grenades on Alphabay

Another darknet market user has been convicted for trying to purchase weapons on the now-seized darknet marketplace Alphabay. The UK’s National Crime Agency announced, on December 15, that a Crown Court had found 46-year-old Paul Stellato guilty of attempting to possess ammunition with intent to danger life. The crime occurred on November 23, 2016. Under the name “cocaineking247,” Stellato reached ... Read More »