German police, along with Europol, have shut down servers of a dark web marketplace and seized six figures in crypto from the arrested suspects, Europol announced on May 3.The Wall Street Market, reportedly the world's second-largest dark web market, has been shut down by the German Federal Criminal Police under the authority of the German Public Prosecutor's office.
According to the report, German authorities arrested three suspects and seized over 550,000 euros in cash along with bitcoin and monero in six figure amounts as well as several cars, computers, hard drives and other items.
Europol noted that the Wall Street Market had more than 1.15 million registered users, with 5,400 of them registered as sellers of drugs, stolen data, fake documents and malicious software.
In the same announcement, Europol also officially announced that Finnish Customs also staged a takedown of dark web marketplace Valhalla, also known as Silkkitie.
According to Helsinki Times, the authorities have also made a "Significant bitcoin seizure," from the website, which was operational in the anonymous Tor network since 2013.In other crime news, two men recently plead guilty in the United States for illicitly selling steroids and controlled substances and laundering millions of dollars in cryptocurrencies and Western Union payments.
In early April a court in Toronto ordered an online drug dealer to pay his entire $1.4 million bitcoin holdings to the state in what is reportedly Canada's largest ever forfeiture.
German Police Seize Six Figures in Crypto From Suspects Involved in Dark Web Site
Publicado en May 3, 2019
by Cointele | Publicado en Coinage
Coinage
Mencionado en este artÃculo
Noticias recientes
Ver todo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.