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Auscoin Exchange Suspended After Arrest of Sam Karagiozis

27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including

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US Marshals Seeks New Recruit to Dispose of Seized Crypto

The U.S. Marshals is looking to hire an individual who can manage cryptocurrencies for the Asset Forfeiture Division. Over the last few years, the law enforcement agency has seized thousands of bitcoins from a variety of investigations. Now the Marshals are in need someone who is competent enough to

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Two Australian Crypto Exchange Licenses Suspended Following Arrest

Two Australian cryptocurrency exchanges have been suspended by the Australian Transaction Reports and Analysis Centre (Austrac) following raids conducted by the Australian Federal Police in Melbourne. The raids resulted in the arrest of a 27-year-old who has been described as a “key member” of both exchanges. Also Read: P2P Markets:

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Unusual Goods You Can Purchase on the Darknet With Cryptocurrency

Darknet marketplaces (DNMs) are a repository for the weird and the wonderful. Whatever your vice, your potion, or your whimsy, odds are there’s a darknet vendor who’s selling it in exchange for cryptocurrency. Unlike the closely regulated clearnet, the darknet remains a largely lawless frontier, where everything has its

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Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar

On Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not the first time Wright has claimed to be Satoshi,

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Civil Forfeiture Is State-Sanctioned Theft

Ever since 1929, the FBI has shared annual crime statistics via the Uniform Crime Reporting Program. Each year, it breaks down criminal activity into such categories as homicide, weapons, human trafficking, and hate crime. One category that is noticeably absent from the report is civil asset forfeiture. In the

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Report: Bitcoin Use on Darknet Markets Doubled in 2018

Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the

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Dropgangs and Dead Drops: Report Highlights Evolving Darknet Market Opsec

Since the creation and subsequent takedown of the darknet marketplace the Silk Road, the hidden market ecosystem has exploded with inventive solutions that promote private voluntary exchanges. According to recently published darknet market (DNM) research, the cat and mouse game continues with vendors inventing new ways to bolster online

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A Heartbroken Mother Hopes President Trump Will Exonerate Ross Ulbricht

Lyn Ulbricht, the mother of convicted Silk Road administrator Ross Ulbricht, has expressed hope that U.S. president Donald Trump will pardon her son. Ulbricht’s family believes that Ross didn’t receive a fair trial and his sentencing was extremely harsh for a crime that didn’t involve violence. The interview with

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Federal Agents Told This Silk Road Moderator to Fake His Own Death

A former administrator from the now-defunct Silk Road marketplace is recounting his story in a tell-all book and movie deal. After being arrested in 2013, darknet moderator Curtis Green was involved in a bizarre conspiracy with corrupt Silk Road investigators and was later told to fake his own death. Also

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