Alpha Bay News
AlphaBay Market was one of the most popular darknet trading platforms. AlphaBay was operating via online service of the Tor network. The AlphaBay marketplace was launched in 2014 and, for obvious reasons, the founders of the platform had remained unknown until AlphaBay was shut down due to law enforcement action in 2017. There were over 300,000 advertisements for drugs, arms, fake documents, stolen credit cards and other illegal goods and services. Just like other darknet markets, the AlphaBay black market used Bitcoin as an anonymous payment method. However, relative to other darknet markets AlphaBay accepted other cryptocurrencies as well. By the time of AlphaBay’s takedown, the platform’s size was ten times larger than that of its predecessor, Silk Road.
‘Criminals cannot hide behind technology to break the law,’ a US attorney stated.
AlphaBay darknet market moderator sentenced to 11 years in Jail
IMF Chief Christine Lagarde further states the need for crypto market regulation to protect customers and prevent money laundering in an IMF blog post.
IMF Chief Lagarde On ‘Dark Side’ Of Crypto: Blockchain is ‘Exciting’ But Needs Regulations
Jeff Sessions has called the Dark Web a “big problem” before a Senate Judiciary Committee hearing.
Jeff Sessions Says Dark Web Use with Bitcoin is ‘Big Problem’
Europol concludes that cryptocurrencies such as Bitcoin, Zcash, Monero and Ethereum are increasingly becoming popular among the darkweb, usually associated with...
Europol: Zcash, Monero and Ethereum Follow Bitcoin in Cybercrime
The police have reportedly seized a total of €400,000, including nearly €100,000 in cash that was discovered hidden behind a spare tire in a garage during the a...
Belgian Police Arrest Two Unlicensed Bitcoin Exchange Operators
US government, in cooperation with European authorities, has shut down the infamous dark web market, AlphaBay.
Dark Web Market AlphaBay Shut Down by US Authorities
Largest mixing service BitMixer shuts down in a matter of days, leaving users both puzzled and curious. Announcements motivated by ethical reasons to stop offer...
World’s Largest Bitcoin Tumbling Service Announces Sudden Shutdown