Re: Dark Net Weapons Bust Leads To 17 Arrests and a $80,000 Bitcoin Seizure

Quote from: RitzBitzz on May 19, 2015, 12:03:43 AM

Quote from: redsn0w on May 17, 2015, 10:28:17 AM

A recent series of busts has shaken the world of dark net weapons commerce. A six-month joint investigation between law enforcement in Australia and the United States, which involved law enforcement going undercover as weapons dealers, has resulted in 17 arrests internationally.

In September 2014, the US Homeland Security Investigations (HSI) identified a 33-year-old US-based dark net seller of weapons to a worldwide client base, according to a press release from the Australian Federal Police (AFP).

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https://www.cryptocoinsnews.com/dark-net-weapons-bust-leads-17-arrests-80000-bitcoin-seizure/

These things will not help bitcoin to go mainstream, I also know you can (maybe) do these things also with all the FIAT currencies... but people like to use bitcoin....

Fiat is not as digitally assessable as bitcoin and lots of these deals happen digitally so they have to use bitcoin.

It's no as if they have to use bitcoin since majority of these deals happen digitally; they do so because unlike bank transfers, cash payments; using bitcoins as a method of transaction is way more secure and preferable as it only gives transaction ids, or at the most wallet addresses to third party observers which makes them if not impossible then really difficult to trace back to the owners...
No wonder people try to launder their money through cryptocurrencies.
These kind of acts doesn't strengthen the bitcoin community but become a threat as to whether bitcoin and other similar cryptocurrencies would be allowed to survive...