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IPFS News Link • United States

US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case

• https://news.bitcoin.com

This month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes. Further, the Fresno courthouse has charged and have plans to indict multiple Alphabay and Silk Road vendors with distribution and conspiracy charges this month.

US Officials Use Civil Forfeiture Laws to Seize Alphabay Leader's Digital Assets and Property  

The Alphabay marketplace and the investigation that followed after its demise has always been a very hot topic of conversation. The multinational law enforcement operation called Operation Bayonet culminated with the take down of both Hansa and Alphabay darknet markets. When the Alphabay went offline the police force targeted a Canadian national living in Thailand named Alexandre Cazes. Cazes was accused of being the Alphabay's leader and as usual, because some of the crimes were committed on US soil, American prosecutors wanted Cazes extradited to the states. However, Cazes committed suicide in a Thai jail not long after he was arrested in his home.


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