Wednesday, 22 November, 2017

Dark Web drug marketplace AlphaBay was shut down by law enforcement

Preston Stone | 15 July, 2017, 05:38

According to the Bangkok Post, the body of Cazes was found by a duty officer who noticed a towel hanging from the toilet door in his cell. Cazes was arrested at the Private House housing estate on Phutthamonthon Sai 3 Road in Thawi Watthana district on July 5.

An online marketplace that sold illegal goods on the so-called Dark Web was shut last week following action by global authorities, according to people familiar with the matter.

He said he was a drugs trafficker who arrived in Thailand from the USA and officers had been working with American authorities after an arrest warrant was sent.

Narcotics squad chief Sommai Kongwisaisuk said Cazes was being held at the department's detention centre awaiting deportation when he was found dead.

Cazes had been living in Thailand for about eight years at the time of his arrest. But according to the Wall Street Journal, AlphaBay's demise came after a coordinated effort by law enforcement from US, Canada and Thailand. Launched in 2014, the site was accessible only on the dark web and accepted two forms of cryptocurrency: Bitcoin and the anonymity-oriented Monero. A spokesperson for the US Embassy in Bangkok told the WSJ that Canadian citizen Alexandre Cazes was arrested on July 5 and may have been extradited to the US 'to face federal criminal charges.' Sources say Cazes was then found hanged in his Thai jail cell this past Wednesday.

AlphaBay, one of the largest Tor-hidden drug websites that sprung up in the wake of Silk Road, has been shuttered for good after a series of law enforcement raids and arrests.

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Before voting on final passage, 27 Republicans joined Democrats to turn aside a contentious amendment crafted by Rep. The 2018 NDAA represents a almost $50 billion increase over the former President's budget proposal .

In the first six months of 2017, AlphaBay sold more than US$5 million in stolen credit-card numbers, Barysevich said.

The Montreal Gazette reported that the raids were carried out as "part of a larger, worldwide investigation involving the FBI and other agencies" into the sale of illegal goods online. But it's not hard to imagine why the authorities would want to shut down AlphaBay.

Total sales on the site averaged between $600,000 and $800,000 a day, earning AlphaBay's operators millions of dollars each year in commissions, according to Nicolas Christin, an associate research professor at Carnegie Mellon University who studies online marketplaces.

AlphaBay's closure has reportedly thrown the drug web trade into chaos.

Some users on the /r/DarkNetMarkets subreddit blamed the vulnerabilities of AlphaBay for the shutdown of the website.

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