Dark net druggist identified by BTC transactions - page 3.

vickybitcoin

newbie

Activity: 149

Merit: 0

Quote from: gentlemand on June 16, 2018, 08:23:32 AM

https://alextones.com/dark-web-drug-vendor-identified-by-bitcoin-transactions

I find it pretty incredible that in this day and age dark web fans are still using BTC considering how rapidly tracing is evolving, not that this guy tried remotely hard in the first place.

If you are posting heroin to babies maybe it's time to make the switch to a baked in anon coin.

Personally for as long as anonimity factor in bitcoin is not covered then no matter how the authorities will trace the transaction the bad guys will use this flatform. It gives them time to hide and cover their tracks before the legal people can catch them. This is a fact no matter how we denie and this is negative side of bitcoin but im pretty sure the creator of bitcoin will so enhance and find ways to develop bitcoin and make it more better each year.

BitcoinNewbie15

sr. member

Activity: 574

Merit: 296

Bitcoin isn't a bubble. It's the pin!

Quote from: Coffee135 on June 16, 2018, 09:05:40 AM

Quote from: zorko34 on June 16, 2018, 08:38:03 AM

finally, those criminals deserve that.
because of them BTC is always linked to SCAM, Fraud and Drugs...
I don't want people think about BTC as a means for illegal activity... that's stupid. But people are stupid too!
so, it's better if these criminals use a different cryptocurrency instead!

I never thought about the fact that bitcoin is used only for illegal transactions. This lie is spread by opponents of bitcoin. For illegal transactions, Fiat is used more. To do guilty the currency is silly. A person is responsible for his own actions. I for example never used bitcoin and Fiat for illegal transactions.

There used to actually be a huge market for Bitcoin and illegal transactions back in 2013 and before. The silk road only dealt with Bitcoin and that's where people would go to buy all sorts of illegal (and some legal) stuff. Now though, with chainalysis and wallet address/ip address association. The public still to this day thinks that people use Bitcoin for illegal transactions but that is just flat out caught. If you use Bitcoin you are way more likely to get caught, which is what happened to this guy. Privacy coins are what people use for illegal transactions nows. Last I heard Monero/DASH was being used the most on the dark net.

triciaa478

member

Activity: 350

Merit: 10

I pray this information can be made widespread in the media in order to warn off those who think they can use bitcoins and alternative currencies to pursue their criminal activities.

Insanerman

sr. member

Activity: 1162

Merit: 450

That is why cryptocurrency are being associated in drug dealing and making illegal transactions. No doubt why people are afraid in using cryptocurrency because they are trapped in a mindset the bitcoin is still and will always be used in black market giving them the feel of unsafetyness and vulnerable to criminal offenses.

Well that is actually good for those criminals, I think they are not updated about the maturing stage of the cryptocurrencies lol. They are lack in briefing session.

enthusia

newbie

Activity: 113

Merit: 0

Well I've heard bitcoin is really existing in dark web. In dark net wherein illegal transactions and anything are being done, makes me wonder if it is true that they're using bitcoin in such unwanted transactions. Perhaps this gives idea to anyone that bitcoin is illegal too eventhough its the people who made it into something really not pleasing for everyone. Hope everyone will use bitcoin in good terms as it is in the first place.

keycellko

full member

Activity: 406

Merit: 102

Well this is good to hear.we need more of these druggist and other criminals rid off of bitcoin to clear bitcoin's name. The regulation of bitcoin has mostly been because of its anonimity and untraceable feature. But because of kyc and other regulation that governments are requiring, it is now easy to trace criminal activities such as this.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: butka on June 16, 2018, 09:08:29 AM

Yes, he should've transitioned to Monero or something. It is about time for bitcoin to be cleared of this association with illegal activities. Not sure if Monero would've saved him, though. As the article explains, he appeared to have been carrying along his laptop with his tor browser installed and other compromising materials while going through airport control. They all make silly mistakes sooner or latter.

If he'd gone privacy coin only from minute one he wouldn't have been traceable. The only reason they got him with his laptop is because they knew who he was and were primed for it.

Even though this guy was up to naughtiness, it doesn't mean these techniques won't be abused for less cut and dried cases too.

butka

full member

Activity: 434

Merit: 246

Quote from: dinoloverpete on June 16, 2018, 08:48:25 AM

It's quite amazing how if you're linked to such illegal activities you don't transition away from bitcoin to some privacy coin. It's a shame because stories like this will continue to mean bitcoin is linked with illegal activities which is really not the case compared to any other currency.

Yes, he should've transitioned to Monero or something. It is about time for bitcoin to be cleared of this association with illegal activities. Not sure if Monero would've saved him, though. As the article explains, he appeared to have been carrying along his laptop with his tor browser installed and other compromising materials while going through airport control. They all make silly mistakes sooner or latter.

Coffee135

full member

Activity: 392

Merit: 137

Quote from: zorko34 on June 16, 2018, 08:38:03 AM

finally, those criminals deserve that.
because of them BTC is always linked to SCAM, Fraud and Drugs...
I don't want people think about BTC as a means for illegal activity... that's stupid. But people are stupid too!
so, it's better if these criminals use a different cryptocurrency instead!

I never thought about the fact that bitcoin is used only for illegal transactions. This lie is spread by opponents of bitcoin. For illegal transactions, Fiat is used more. To do guilty the currency is silly. A person is responsible for his own actions. I for example never used bitcoin and Fiat for illegal transactions.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: dinoloverpete on June 16, 2018, 08:48:25 AM

It's quite amazing how if you're linked to such illegal activities you don't transition away from bitcoin to some privacy coin. It's a shame because stories like this will continue to mean bitcoin is linked with illegal activities which is really not the case compared to any other currency.

That doesn't mean Bitcoin cant be used as untraceable currency. It is indeed Bitcoin is pseudo-anonyms. But with additional feature like the mixer, we can achieve a truly anonymous coin. It is indeed another privacy-oriented cryptocurrencies offer us an easy way to do an anonymous transaction. But with a little bit of effort, we can use Bitcoin too.

dinoloverpete

full member

Activity: 308

Merit: 105

It's quite amazing how if you're linked to such illegal activities you don't transition away from bitcoin to some privacy coin. It's a shame because stories like this will continue to mean bitcoin is linked with illegal activities which is really not the case compared to any other currency.

zorko34

newbie

Activity: 28

Merit: 0

finally, those criminals deserve that.
because of them BTC is always linked to SCAM, Fraud and Drugs...
I don't want people think about BTC as a means for illegal activity... that's stupid. But people are stupid too!
so, it's better if these criminals use a different cryptocurrency instead!

12tribes

member

Activity: 378

Merit: 11

Its going to become increasingly difficult for the wrong set of people to carry out transactions on the web as the crypto world matures and brings along with it increasing levels of security especially in the areas of KYC and AML. Its going to be difficult to completely track the ring once they go off the web.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

https://alextones.com/dark-web-drug-vendor-identified-by-bitcoin-transactions

I find it pretty incredible that in this day and age dark web fans are still using BTC considering how rapidly tracing is evolving, not that this guy tried remotely hard in the first place.

If you are posting heroin to babies maybe it's time to make the switch to a baked in anon coin.

Topic: Dark net druggist identified by BTC transactions - page 3. (Read 581 times)