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poverty goat
Feb 15, 2004



The main drug market got busted again after a 2+ year run, founder was living in thailand with 3 mansions and 4 lambos and has since hanged himself in a thai jail

https://arstechnica.com/tech-policy/2017/07/report-alphabay-notorious-dark-web-drug-website-shuttered-by-feds/

quote:

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

The site mysteriously went dark earlier this month. Some users on Reddit suspected an "exit scam," in which AlphaBay's founders had shuttered the site and absconded with piles of bitcoins.

According to The Wall Street Journal, which reported the news on Thursday, police in the United States, Canada, and Thailand collaborated to arrest Alexandre Cazes, who allegedly was the head of the online operation. The Canadian citizen was arrested on July 5 in Thailand, the same day that two raids on residences in Quebec, Canada, were executed. On Wednesday, Cazes was found dead, hanged in his Thai jail cell.

The Bangkok Post, citing Thai police sources, reported that Cazes had been living in Thailand for about eight years. Thai authorities also impounded "four Lamborghini cars and three houses worth about 400 million baht ($11.7 million) in total."

Cazes' name does not appear in a search of federal court records, but if any charges do exist, they may still be sealed.

Ross Ulbricht, the young Texan who was convicted of creating and operating Silk Road, was given a double life sentence—which was upheld earlier this year on appeal. Ulbricht was also known as "Dread Pirate Roberts."

The Department of Justice did not immediately respond to Ars' request for comment.

poverty goat fucked around with this message at 15:22 on Jul 14, 2017

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poverty goat
Feb 15, 2004



Toys For rear end Bum posted:

I guess this explains why Bitcoin has dropped $1000 in just over 4 weeks

This is why bitcoin has been crashing: AlphaBay and Hansa dark web markets shut down

TBH this is perfectly normal churn in the internet drugs scene, and since this is now the third major law enforcement incursion into the DNM scene there's now plenty of precedent to predict that the scene will crystallize quickly around one of the dozens of other markets which were unaffected by this and bitcoin will again be inexplicably breaking records within 6 months to a year

Anyway here's the GBS moneyshot. The alleged founder of Alphabay who killed himself in a Thai jail a few weeks ago was a big poster on the Roosh PUA forums under the username Rawmeo and this was his signature



Family of dead AlphaBay suspect says he was a “good boy”
Alexandre Cazes, 26, also apparently spent a lot of time in a "pickup artist" forum.


quote:

On Friday afternoon, The Globe and Mail, a Canadian newspaper, described how Cazes, under the name Rawmeo, frequently posted to Roosh V, a "pickup artist" discussion forum.

The site's founder acknowledged Rawmeo's passing in a post on Thursday.

In December 2014, in one of his early posts, Rawmeo started a still-ongoing thread entitled: "The most beta thing you did."

According to the paper, Rawmeo apparently submitted a several-thousand-long word post in 2016 about dating and "wife-hunting" in Thailand. He explained that unlike most foreigners who simply seek "promiscuous women in tourist areas," he had lived in the country since 2012. Moreover, he had attended a Thai language school, purchased property, and drove a Porsche Panamera because "Thai girls love supercars."

According to The Globe and Mail, Cazes "described his native Quebec as a place where too many are on welfare and where Muslim refugees get in easily and ‘start breeding like bedbugs,’ while he had trouble getting a visa for his Thai relatives."

"I left a broken society to live in a traditional one," he wrote in January 2017.

In another post, he wrote: "I am what we call a professional cheater. Despite having a live-in wife, I have a secondary residence that no one knows about—and that’s where I bring girls."

Rawmeo last logged on to the site on July 4, just one day before he was arrested. Roosh V records show that he posted 1,587 times, or an average of 1.55 posts per day.

poverty goat fucked around with this message at 16:03 on Jul 22, 2017

poverty goat
Feb 15, 2004



COMRADES posted:

The problem is so many exchanges and whatnot have either been shut down or robbed or stole from their customers outright so unless you just have your own secure wallet (and kept the passwords for it for years) odds are good your BTC stash would have disappeared at some point between now and the last several years.

this has only actually happened to a tiny minority of exchanges and online wallet things

poverty goat
Feb 15, 2004



divabot posted:

exchanges are only hacked incredibly rarely! about once a month

there are lots of exchanges though so even if this were true it wouldn't amount to good odds that any given person using bitcoin would have bitcoins stolen

poverty goat
Feb 15, 2004



Burt Sexual posted:

Which ones do you use?

i do not

poverty goat
Feb 15, 2004



divabot posted:

Good thing those exchanges are FDIC insured

exchanges aren't banks either though, they aren't there to store your bitcoins and letting them do so is 100% elective rather than some kind of foundational reality of bitcoin as you guys seem to think

people who hide cash in their mattress are just as hosed if their house gets robbed, but that's not an argument against cash, just a bad thing that happens to idiots

poverty goat
Feb 15, 2004



divabot posted:

so basically, you shouldn't keep bitcoins on an exchange, and you shouldn't keep bitcoins at home

I'll support that

you shouldn't keep bitcoins any longer than it takes to spend them

it's currency, not an investment

poverty goat
Feb 15, 2004



BENGHAZI 2 posted:

Currency that is good for many things such as

Drugs and porn

poverty goat
Feb 15, 2004



Stefan Prodan posted:

don't forget hitmen that are actually FBI agents 100% of the time

Consider investing in new jokes

poverty goat
Feb 15, 2004



regular porn sites actually take bitcoin now because a lot of people are happy to pay if it won't show up on their credit card statement

you retards

poverty goat fucked around with this message at 00:40 on Jul 23, 2017

poverty goat
Feb 15, 2004



http://www.jpost.com/Diaspora/BitCoen-to-become-first-electronic-currency-specifically-for-Jews-501885

poverty goat
Feb 15, 2004




China kicked off the current crash a couple of weeks ago by banning ICOs as well. Chinese miners are probably next. :rip: faux legitimate drug currency

poverty goat
Feb 15, 2004



$5000

poverty goat
Feb 15, 2004



Dmitri-9 posted:

Sorry but kiddie porn, counterfeit IDs, and carfentanil should be illegal.

Carfentanyl is like .00001% of the dark web's drug business, the rest is all the cool & good drugs

poverty goat
Feb 15, 2004



Speaking of dicks did you go to the dick museum

poverty goat
Feb 15, 2004



evilweasel posted:

if it wanted to mtgox its customers (or if it was doing it already), tough luck you idiots are unsecured creditors with claims against empty bank accounts and nobody cares, good job giving all your actual irl dollars to some random idiots

Keeping your coins in an exchange instead of under your own private control has always been optional though and anyone who does it is some ratio of stupid and lazy and has it coming

poverty goat
Feb 15, 2004



Who What Now posted:

What's it matter what they're worth when it's impossible to cash out except by dealing drugs?

It's only hard to cash out if you have tens of thousands of dollars or more that can't be reported to regulators

The only people selling coins in back alleys or whatever are dark web drug dealers who have to turn it back to cash asap to buy more drugs for sale, and koolaid drinking purestrain libertarians

poverty goat fucked around with this message at 17:00 on Oct 13, 2017

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poverty goat
Feb 15, 2004



Uranium 235 posted:

it's not nearly as unregulated as you make it out to be

The gbs hivemind has not learned and will not learn anything new about Bitcoin since ~2008

It's all still just libertarian captains of industry scamming each other on Reddit, and will always be, inshallah

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