US Government can Seize Alleged Alphabay Owner’s Assets, Judge Rules

U.S. Magistrate Judge Sheila K. Oberto ruled in a recent memo that the United States federal government had completed all necessary steps required to take control of the millions of dollars in assets seized from the alleged owner and creator of Alphabay. The Eastern District of California Magistrate Judge wrote that the United States government had a right to millions in cryptocurrency, a Lamborghini, a BMW motorcycle, and other items the alleged Alphabay owner had purchased with money earned through his darknet market. Read More

Hacker Arrested for Selling Stolen Data on the Darknet

from the Bavarian Central Office of Cybercrime revealed that an extensive investigation led to the arrest of a talented 24-year-old hacker who sold hundreds of thousands of stolen usernames, passwords, and credit card numbers on the darknet. Authorities found and arrested the man at his apartment in Cologne, North Rhine-Westphalia, Germany. The investigation started in 2016.