Topic: Law enforcement cracking Bitcoin black markets (Read 827 times)
It was a fun run but you gotta be dumb to be buying now, all the sellers are dea
Law enforcement cracking Bitcoin black markets
When Daniel Brian Springer III purchased the illegal drug Ecstasy from China, the Pasco County man used an underground website and Bitcoin, a virtual currency.
As new web-based technologies change the way the world does business, criminals are finding ways to exploit them to avoid law enforcement.
“Criminals are nearly always early adopters of new technologies and financial systems, and virtual currency is no exception,” said Tampa FBI spokesman Dave Couvertier. “Locally, we’re starting to see activity that’s involving our area as people become aware of this particular virtual currency and some of the benefits of being anonymous.”
After the Drug Enforcement Administration intercepted a package from China in July, Springer told agents he ordered the drug from the underground website Black Market Reloaded using bitcoins worth the equivalent of more than $2,000 in U.S. currency. He said he hoped to make money by selling the drug, according to court documents.
http://tbo.com/news/crime/law-enforcement-cracking-bitcoin-black-markets-20140202/
When Daniel Brian Springer III purchased the illegal drug Ecstasy from China, the Pasco County man used an underground website and Bitcoin, a virtual currency.
As new web-based technologies change the way the world does business, criminals are finding ways to exploit them to avoid law enforcement.
“Criminals are nearly always early adopters of new technologies and financial systems, and virtual currency is no exception,” said Tampa FBI spokesman Dave Couvertier. “Locally, we’re starting to see activity that’s involving our area as people become aware of this particular virtual currency and some of the benefits of being anonymous.”
After the Drug Enforcement Administration intercepted a package from China in July, Springer told agents he ordered the drug from the underground website Black Market Reloaded using bitcoins worth the equivalent of more than $2,000 in U.S. currency. He said he hoped to make money by selling the drug, according to court documents.
http://tbo.com/news/crime/law-enforcement-cracking-bitcoin-black-markets-20140202/
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