“AlphaBay emerged in 2014, following the death of Silk Road. Andrei Barysevich, a director at Recorded Future Inc., and specialist in dark web matters tells the Journal that it “was the biggest marketplace on the Dark Web,” taking in a reported $600,000 to $800,000 per day.” - https://gizmodo.com
“The largest online black market for drugs, AlphaBay, has been down for nearly two days, raising questions about whether it was seized by law enforcement authorities or taken down in a swindle. The administrators of AlphaBay have posted on the social network Reddit that they are doing maintenance and that the site should be up again soon. But those messages were posted long after AlphaBay went down on Tuesday, leading to rampant speculation among its users.” - https://www.nytimes.com
“An online marketplace that sold illegal goods on the so-called Dark Web was shut last week following action by international authorities, according to people familiar with the matter.” - https://www.wsj.com
“An RCMP spokesperson in Montreal confirmed two raids on residences in Trois-Rivières as well as one on a business address in Montreal, but stopped short of confirming a TVA report that the raids related to the online sale of illicit merchandise. They said their investigation does not relate to a specific industry.” - http://montrealgazette.com
“Police arrested the man after getting an extradition request from the Federal Bureau of Investigation, in the U.S. He was to be deported and face charges in the U.S. He had no police record from his years in Thailand, reported The Nation. Cazes was arrested at his home at The Private House housing estate in Bangkok’s outskirts, where police said they seized property worth THB400 million (USD11.8 million) registered under his name, including four Lamborghini cars and three houses.” - https://coconuts.co
“Canadian drug suspect Alexander Cazes, 26, found dead in a cell at the Narcotics Suppression Bureau in Laksi district on Wednesday morning, is believed to have hanged himself, police said. Cazes was wanted by US authorities. He was arrested in Bangkok on July 5 and arrangements were being made for his return to the United States to face charges there.” - http://www.bangkokpost.com
More information is developing.
What do you think this will mean for the future of markets like AplhaBay?
Are you aware of these markets?
Do you fear these types of markets?
Enjoy life,
- Citizen
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