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.

Wolf Of Wall Street Says Bitcoin Could Hit $50K Before Crashing

Belfort spoke negatively about the potential for manipulating crypto markets due to the thinness of the market, specifically referencing the case of Olaf Carlson-Wee, an early adopter of BTC who was paid in crypto when working at Coinbase in 2013.

According to Belfort, Carlson-Wee sold all of his Bitcoin, bought Bitcoin Cash (BCH) and then gave a televised interview saying that BTC was dead and that Bitcoin Cash was the future, causing its price to skyrocket.

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