Deep Dot Web was a website that allowed people to buy illegal items through the dark web and was also a link between the dark web and the mainstream world. Prihar made millions of dollars through affiliate commissions and received more than 8,000 bitcoins in exchange for linking to dark web markets. He was sentenced to years in prison for illegally providing services to the government and for selling cryptocurrencies on the dark web.
Prihar made millions in affiliate commissions
DeepDotWeb was a dark web news site that provided a directory of links to marketplaces selling illegal drugs, firearms, and other goods. The owner of the site was sentenced to eight years in prison for his role in a kickback scheme.
DeepDotWeb is a site that was operated by an Israeli citizen named Tal Prihar and another Israeli citizen, Michael Phan. They received referral fees from Darknet site users. These were paid in the form of Bitcoin. Prihar earned more than $8 million in cryptocurrency from these payments, according to the US indictment.
Prihar acted as DeepDotWeb’s administrator and maintained control over the content of the site. However, he failed to track the activity of the site’s users. It appears that he did not know how much money was being spent on the dark web sites he directed users to.
He was receiving kickbacks for linking to dark web markets
An Israeli citizen, Tal Prihar, operated a website called Deepdotweb. The site allowed people to access dark web markets to purchase illegal goods and services. It also provided news about police raids on dark web marketplaces.
Prihar and his co-defendant, Michael Phan, were charged with money laundering and operating a news website that was a gateway to illegal dark web markets. Both were arrested in conjunction with a large international operation.
According to Europol, payments made to DeepDotWeb were converted into virtual currency, which then was transferred to other Bitcoin accounts. This money was hidden by the suspects by transferring it into shell companies.
Deepdotweb, which operated for six years, provided users with a listing of dark web marketplaces. These marketplaces offered a variety of products and services, including weapons, counterfeit goods, hacking tools, illegal drugs and more. Users could make purchases on the dark web using anonymization tools such as VPNs.
He received more than 8,000 bitcoins since October 2013
Among the most egregious examples of online fraud is a website called DeepDotWeb. The site’s name may be a mouthful but its content is nothing short of brazen. Users there were reportedly able to buy illicit drugs, stolen financial data, and even hacked versions of popular web services like Twitter and Facebook. Some users even went so far as to post links to dark web marketplaces. In addition, the site’s operators received more than 8,000 bitcoins in the span of just under three years.
Earlier this year, the Federal Bureau of Investigation (FBI) seized the site’s domain as part of an operation in conjunction with police in multiple countries. This isn’t the first time the FBI has taken down a notorious online ripper, either.
He forfeited $8.4 million in cash, his ASUS laptop, and accounts at various cryptocurrency exchanges
The United States Department of Justice has announced the seizure of $2 million in cryptocurrencies from prominent terrorist groups. This follows an arrest of two men accused of money laundering.
The FBI, US Department of Justice, and Brazilian law enforcement agents worked together to nab these criminals. In addition, the authorities seized over $15 million in crypto from the owner of a crypto exchange.
The US Department of Justice recently published its Cryptocurrency Enforcement Framework. It is designed to help financial regulators better understand the threats and challenges associated with crypto. One of the strategies is to improve tracing services for cryptocurrency.
Another strategy is to develop future policies and strategies. These include the use of the 5th Anti-Money Laundering Directive (AMLD 5) and a new set of regulations for virtual asset service providers.
He was a gateway to the illegal purchase of items
The FBI recently slapped two men with a hefty fine for operating an online site that was a gateway to the illegal purchase of items. The site was also a cleverly disguised portal to other illicit marketplaces on the darknet. The site boasted a few slick features, including the use of a cryptographic protocol known as Tor to anonymously route traffic to its server.
The site also exhibited one of the many duds in the FBI’s ongoing effort to shut down the darknet, namely illegal drug and weapon sales. In one particular instance, the site was found to have links to an illegal marketplace where users were able to purchase stolen credit cards and other financial information. Other sites were found to be selling malware, hacking tools, and illegal firearms.