Tag: Bitcoins

Silk Road: DEA and Secret Service Agent Charged With Fraud

A former DEA and Secret Service agent have been charged in Baltimore with stealing bitcoins while working undercover on the Silk Road investigation.

The former agents are Carl Mark Force IV, who worked for the Drug Enforcement Administration, and Shaun Bridges, who worked for the Secret Service.

Mr. Force is being charged with wire fraud, theft of government property and money laundering; and Mr. Bridges is being charged with wire fraud and money laundering, according to an affidavit filed in the United States District Court in San Francisco.

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Global Deep Web Take-Down

There's much more to the yesterday's story of the "Deep Web" (aka "Dark Web") takedown of Silk Road 2 and arrest of San Francisco programmer Blake Benthall. (The Complaint in Benthall's case is here.)

WIRED reports today Operation Onymous was global in scope. The FBI press release is here. From WIRED:

On Friday, the European police agency Europol along with the FBI and the Department of Homeland Security announced that the operation has now arrested 17 people in as many countries and seized hundreds of Dark Web domains associated with well over a dozen black market websites.


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NY Judge Rules Bitcoins Subject to Money Laundering Statutes

U.S. District Court Judge Katherine Forrest was not impressed with the legal arguments made by Silk Road founder Ross Ulbricht in his bid to dismiss his drug and money laundering charges. In a 51 page ruling, available here, she denied the motion. Among her rulings: Bitcoins are close enough to currency to count as money for the purposes of the money laundering statute. [More...]

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