This drug bust came after Ross Ulbricht was found guilty last
month of operating the Silk Road, a now shuttered marketplace
that at its peak was the largest online market for illegal drugs
in the world. (Ulbricht himself did not sell drugs, however.)
Here's a police photo of the massive haul:
And in November, a year after Ulbricht was first arrested, the international police initiative Operation Onymous closed hundreds of Deep Web websites, including Silk Road 2.0, and made 17 arrests.
The narcotics were sold through Evolution, an illicit online marketplace accessible only through the anonymous Tor network.
Seven people were arrested as police raided 38 locations across the country in a move to take down "Shiny Flakes," a drug-selling ring that operated on the Deep Web, part of the internet that is not tracked by most search engines.
An unidentified 20-year-old man arrested in Leipzig is allegedly the ringleader of Shiny Flakes.
Blocks of hashish were seized, along with blotters of LSD, bags of marijuana, and prescription drugs. Polizei Sachsen
The German police have released a video of the drugs seized:
A massive German police operation this week has led to what may be the largest-ever Deep Web drug bust, Wired reports.
Law enforcement also found cocaine, MDMA, and MDA.
Some of the bags of ecstasy tablets seized in the raid. Polizei Sachsen
But Deep Dot Web — a Deep Web-focused news site — believes this week's bust constitutes the largest-ever seizure.
The haul included 360 kilograms of narcotics including marijuana, MDMA, cocaine, MDA, amphetamines, and LSD, with an estimated value of more than $4 million. Authorities also found $340,000 worth of bitcoin — the digital currency typically used to facilitate Deep Web purchases — and $51,000 in cash, according to Deep Dot Web.
Zedd, 3LAU and Big Sean: Tickets On Sale for First Blockchain Music Festival
Tickets for the first music festival set to be powered by blockchain technology are now on sale.
Scheduled for this fall, the Our Music Festival is launching its own virtual currency — the OMF toke
How Crypto Reacted to This Week's SEC Bitcoin ETF Delay
It was an expected result at an unexpected time.
The news broke on August 7 that the U.S. Securities and Exchange Commission (SEC) is kicking the can on its decision to approve or disapprove a prop
Microsoft Looks to Trusted Computing for Blockchain Security Boost
Two newly published patent applications from Microsoft suggest that the software giant is looking at the use of trusted execution environments, or TEEs, within its blockchain offerings.
Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand – one that drew public attention due to the involvement of a local actor.
China's Communist Party Publishes Blockchain Tech 101
China's Communist Party is moving to make blockchain literacy the norm across public offices with the publication of an explainer for officials and members.
Released by the publishing house of the
Blockchain Social Network Minds Is Migrating to Ethereum for Launch
Blockchain-based social network Minds is migrating its platform to the ethereum network, the startup announced Monday.
After roughly four-and-a-half months on its Rinkeby test network, the startup
Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs
A governmental committee comprised of Saudi Arabian regulators has issued a statement clarifying that cryptocurrency trading is illegal in the kingdom.
According to a statement issued Sunday, the s
Former S&P President Leads Seed Round for ICO Compliance Startup
Regtech and compliance startup iComply has just completed a seed funding round led by former Standard and Poor's president Deven Sharma.
The firm – which seeks to develop standard compliance tools