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AlphaBay, the Internet’s largest dark web marketplace until it was shut down by U.S. officials earlier this month, included a built-in “tumbling” service for customers to further launder their digital currencies while purchasing an array of illicit goods, according to court records
Federal prosecutors accused a husband and wife from New York of laundering tens of thousands of bitcoins that hackers stole more than five years ago from an exchange registered in the British Virgin Islands, and seized a record haul of $3.6 billion worth of the cryptocurrency.
The Justice Department's second-highest ranking official announced several initiatives Thursday to bolster federal efforts to investigate, disrupt and prosecute cybercriminals who orchestrate and conduct ransomware attacks, or otherwise exploit cryptocurrencies to raise and move funds.
