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Tag Archives: spend

Canada to Spend $1 Billion of Federal Budget on Fighting Cyber Crime

Cyber attacks grabbed the headlines last year when hackers launched an attack to compromise the data of computers in over 100 countries. Lurk and Wannacry created by FSS became a big thing in the cyberspace stealing data department. Canada was one of the many countries that remained a target for cyber operations. Not folding their arms to witness another attack, ... 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 »

Belgian Amphetamine Vendor Sentenced to Forfeit 946 Bitcoins and Spend 40 Months in Prison

A Belgian court judge, last year, formally charged a 25-year-old computer programmer for running a million-dollar darknet operation from his family home. The 25-year-old—Stijn Victor, from Torhout, Belgium—ran a smooth network until a few simple mistakes caused his downfall. Shortly thereafter, hearings proceeded; the prosecution pushed for five years in prison, and the defense pushed for 300 hours of community ... Read More »

Spending Bitcoins: The Right Way

The excitement of spending Bitcoin is limited; very few online retailers accept Bitcoin as a payment method. Your best option to pay directly with Bitcoins is any merchant who accepts Bitcoin and is fulfilled by Amazon. A few other options are Overstock.com and a handful of Etsy vendors. Many people claim that you can spend Bitcoin freely, but they require ... Read More »