Blockchain intelligence firm Chainalysis has published its latest analysis of the use of cryptocurrencies to purchase child sexual abuse material on the darknet. New York-based blockchain intelligence firm Chainalysis has published its latest analysis of the use of cryptocurrencies to purchase child sexual abuse material (CSAM) on the darknet. In a report shared with Cointelegraph…
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Coronavirus-infected blood is allegedly up for sale on the darknet. Chainalysis held a webinar on April 15 to discuss the impact of COVID-19 on crypto crime. During this meeting, the company revealed that criminals claim to be selling coronavirus-infected blood on the darknet. COVID-19 hurts crypto criminals According to Chianalysis, darknet markets have not been…
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A Russian darknet counterfeit cash ring that sold over 1 billion fake rubles for cryptocurrency has been busted by local authorities. Russian authorities have arrested a group of several dozen individuals who allegedly sold more than 1 billion counterfeit rubles (roughly $13.6 million in nominal value) for crypto assets over the dark web. The Russian…
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Russian authorities detained a group of online criminals that sold massive amounts of counterfeit banknotes on the dark web in return for crypto. Russian authorities have detained a group of online criminals that reportedly sold massive amounts of counterfeit banknotes on the dark web in return for cryptocurrencies. According to an April 7 report from…
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Budget proposals have revealed the existence of a ‘Cryptocurrency Intelligence Program’ within the US Immigration and Customs Enforcement agency. The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal. The proposal states that the CIP seeks to identify unlicensed capital flows…
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Cryptocurrency darknet proves to be resilient in a new report, yet over 99% of cryptocurrency transactions are legal. It’s a new decade with an old problem for law enforcement officials: How do you stop cybercriminals from stealing billions of dollars in cryptocurrency and using it for illicit purposes? These kinds of criminal activities range from…
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Total darknet market sales in crypto hit a new high in 2019, for the first time surpassing $600 million, according to a new study by Chainalysis. The volume of cryptocurrency flows coming on darknet markets have doubled for the first time in four years, a new study says. In part of its 2020 Crypto Crime…
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United States citizen, Joanna De Alba, has been accused of heroin and methamphetamine distribution in exchange for Bitcoin. A United States citizen has been charged with heroin and methamphetamine distribution in exchange for Bitcoin (BTC). According to a Jan. 3 press release published by the U.S. Attorney’s Office for the Eastern District of New York,…
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The price of Bitcoin will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road, Ross Ulbricht. The price of Bitcoin (BTC) will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts…
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The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin donations via the Lightning Network. The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network. The organization announced on Nov. 19 that it will accept…
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