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News Updates

Citizens Turn To Bitcoin in the Wake of Global Demonetization

The process of demonetization is currently underway on a global-scale with several currencies seeing restrictions in both the circulation and use of national banknotes. India was the first and the most predominant example of the demonetization fiasco that is now plaguing several countries across the globe in what is being called a bid to fight corruption and money laundering. Countries ... Read More »

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Indian Middleman Charged With Money Laundering For Trading Bitcoin

A bitcoin trader was arrested in India and charged with money laundering last Sunday. A group of undercover journalists from India’s Today reported that they lifted the shades off a small “internet broker” that offered exchange of India’s demonetized banknotes, the 500 and 1000 rupees, to bitcoin. According to the Indian police, a man named, Vijay, used a small shop ... Read More »

German Man Sentenced for Cyberbullying and Selling Electronics on the Darknet

The presiding judge at the Nuremberg District Court, on December 14, sentenced a 24-year-old to three years and five months in prison. The Lower Saxonian man faced charges that involved computer fraud, computer sabotage, incitement, violence, the spread of both animal and child pornography, along with data spying. His indictment included additional charges, but those received the most focus. “These ... Read More »

Can A Locality Based Approach Improve The Delay in Confirmation of Transactions Along Bitcoin’s Blockahin?

Did you ever have to deal with delays in confirmation of your bitcoin transactions? Delays in confirmation of bitcoin transactions can range from a few hours to 2-4 days in some uncommon cases. Can using a locality based protocol improve the propagation delay of transactions across the blockchain’s nodes and prevent delay of confirmation of transactions? What is Bitcoin’s Scalability? ... Read More »

Teenage PlayPen Member Sentenced to Six Months in County Jail

Over the course of the last year, we learned of the FBI’s blatant disregard for the federal law during Operation Playpen. They hacked, at a minimum, 8,000 computers and only received a warrant from a magistrate judge in Virginia. Luckily for 19-year-old Lucas Zalesny, the District Attorney knew that Federal judges were throwing out the FBI’s evidence. After Zalesny had ... Read More »

New Law In The Netherlands Would Allow Authorities To Hack Cybercriminals

A new law called Act Cybercrime III was proposed to the Dutch parliament, which would allow law enforcement authorities in the country to find loopholes in the software cybercriminals use and hack with. According to digital crime expert Martijn Egberts, cybercrime is growing and the police can’t do much against suspects with the traditional methods, such as wiretapping and house ... Read More »

Crystal Meth

22-year-old German Bought Ingredients To Set Up Dark Net Store

A 22-year-old casual worker from Kumhausen, Germany bought ingredients to make narcotics and set up a vendor shop on the dark web. For his actions, he has been sentenced to 21 months in juvenile prison. According to official court documents, the casual worker was on the drug scene since he was 16 years old. He dropped out of high school ... Read More »

Process Weapon Potenzmittel Rape

Narcotics Sale, Child Porn, Gun Possession And Rape Charges Against A German

A 37-year-old man from Fahrenzhausen, Germany has been charged with serious crimes including the possession of three handguns, child porn, the distribution of drugs on the internet and the rape of his ex-girlfriend. Court documents say that the accused was involved in the dark net scene since 2013. Firstly, investigators were on the wrong trail, they were tracing the purchase ... Read More »

German Police Expect Fewer Counterfeit Euros in 2017

The State Criminal Police Office (Landeskriminalamt or LKA in German), issued a statement that dually functioned as a warning. According to Nevin Ayyildiz, a spokesperson for the LKA, counterfeit €20-notes and €50-notes accounted for 60 percent of Hanover’s cashflow. However, the LKA spokesperson announced that the Police expect to see a “moderate decline” in counterfeit currency—compared to last year. In ... Read More »

Photo: Sven Hoppe / dpa

Two Germans Caught For Paying With Counterfeit Euros

Two 18-year-olds were arrested in Forcheim, Germany for trying to pay with counterfeit euro bills in a Christmas market. The suspects, both from Neustädt, were intercepted by an attentive shop owner who unmasked the forgery by checking the 50 euro bill the alleged criminals used to pay with a money check pin. Forcheim local police detained the suspects shortly after ... Read More »

Arkansas Duo Received Meth Via USPS, Explained Everything to the Police After Arrest

On Wednesday, December 14, Judge Timothy L. Brooks sentenced two Arkansas locals for Conspiracy to Distribute Methamphetamine. US Attorney Kenneth Elser announced that Allen Dwight Gailliot and Leslie Erin Curtis received 151 months and 121 months in federal prison, respectively. DEA officer Christopher Kevin Sears filed a criminal complaint against the duo in early 2016. According to the criminal complaint(s), ... Read More »

Study Shows That MDMA in the Netherlands Is Less Pure Online Than Locally

Throughout 2016, researchers began explicitly focusing on darknet-market-related information. In June, The European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) found that every fourth European used illegal substances. Moreover, the Global Drug Survey 2016 observed that 9.3 percent of participants reported using the darknet to buy drugs. The Trimbos Institute, Netherlands Institute of Mental Health and Addiction, recently published ... Read More »

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The Shadow Brokers Take to the ZeroNet to Sell the Stolen NSA Exploits

Months ago, news broke about a group of hackers who called themselves The Shadow Brokers. They stole weaponized NSA cyberwarfare software from the Equation Group, a group that originally stole the software from the NSA. The Shadow Brokers made several attempts at selling the software but repeatedly failed. Motherboard reported that the group disappeared, for the most part. That is, ... Read More »

Vendor BlimeSub a.k.a BTH-Overdose busted

Emil Babadjov, the person behind the vendor aliases “Blime-Sub” and “BTH-Overdose,” was arrested and made his initial court appearance on December 14 2016, in San Francisco. According to the indictment he sold heroin, fentanyl, and methamphetamine on Alphabay with both accounts having combined over 2300 sales. This article will focus on how law enforcement investigated and eventually caught Babadjov. Since ... Read More »