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German police take down 'world's largest darknet marketplace'

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21–30 of 332 posts

Re: German police take down 'world's largest darknet marketplace'

#21
post #8

> A total of at least 320,000 transactions were carried out via the marketplace That's the total from 1-2 years (I can't find when in 2019 did they start). If that's the biggest right now, I'm surprised how small the markets are.

They mention over 420,000 BTC plus tens of thousands of monero in transactions. That’s a fair size for 1-2 years.

Re: German police take down 'world's largest darknet marketplace'

#23
No matter what anyone says, I believe with every fiber of my being that simple drug dealing is a victimless crime. Free people choose to purchase and consume drugs to their own detriment (benefit). All violence related to the sale of drugs is ancillary to the fact some drugs (but not others - alcohol, marijuana, caffeine for starters) are illegal.

https://freeross.org/

Re: German police take down 'world's largest darknet marketplace'

#24

The article mentions the us irs were involved. For a german marketplace run by an Australian. Any idea why?

An idea: much of the time the way dark net vendors are taken down involve the IRS. Did you know that you can legally report illicit income, legally, with ostensibly no negative consequence?

>Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Schedule 1 (Form 1040), line 8, or on Schedule C (Form 1040) if from your self-employment activity.

https://www.irs.gov/publications/p17

Re: German police take down 'world's largest darknet marketplace'

#25
post #8

> A total of at least 320,000 transactions were carried out via the marketplace That's the total from 1-2 years (I can't find when in 2019 did they start). If that's the biggest right now, I'm surprised how small the markets are.

They mention over 420,000 BTC plus tens of thousands of monero in transactions. That’s a fair size for 1-2 years.

Where does that amount come from? The article mentions 4,650 BTC and during that time the price mostly hovered around $10k. That's $85k a day in transactions and 584 transactions a day. I suspect about the same as my local supermarket.

Re: German police take down 'world's largest darknet marketplace'

#26
post #23

No matter what anyone says, I believe with every fiber of my being that simple drug dealing is a victimless crime. Free people choose to purchase and consume drugs to their own detriment (benefit). All violence related to the sale of drugs is ancillary to the fact some drugs (but not others - alcohol, marijuana, caffeine for starters) are illegal. https://freeross.org/

Nothing wrong with having that opinion. You might consider that not all humans have equal capacity for free will, and not all humans are equally able to resist addictive substances. And that someday you may be responsible for, or even love someone who is unable to help themselves. And you can still hold the idea there are no victims. Or, not. Just sayin' you might find things are more complicated IRL.

Re: German police take down 'world's largest darknet marketplace'

#27

The article mentions the us irs were involved. For a german marketplace run by an Australian. Any idea why?

Looks like the FBI and DEA were involved as well as several other country's police agencies, with Europol acting as coordinator. Lots of money moving across countries means lots of taxes probably not being paid, hence the IRS.

Re: German police take down 'world's largest darknet marketplace'

#28

Earlier quoted context omitted.

> given a long enough timeline There's an opportunity. Marketplaces that will exist for X days only.

Unlikely - ever tried to get a gambler on a winning streak to "stop while he's ahead"?

I was thinking it sounds more like hopping to another roulette table when the one you're on is getting too hot. Complete fallacy other than a potential placebo effect that somehow encourages saner unrelated decisions.

Re: German police take down 'world's largest darknet marketplace'

#30
post #26
post #23

No matter what anyone says, I believe with every fiber of my being that simple drug dealing is a victimless crime. Free people choose to purchase and consume drugs to their own detriment (benefit). All violence related to the sale of drugs is ancillary to the fact some drugs (but not others - alcohol, marijuana, caffeine for starters) are illegal. https://freeross.org/

Nothing wrong with having that opinion. You might consider that not all humans have equal capacity for free will, and not all humans are equally able to resist addictive substances. And that someday you may be responsible for, or even love someone who is unable to help themselves. And you can still hold the idea there are no victims. Or, not. Just sayin' you might find things are more complicated IRL.

I don't want to restrict the freedom of the 99% to prevent the 1% from abusing drugs and ruining their lives, which under prohibition, they have been able to do anyway. Legalization (or at least decriminalization) would be a net-benefit to the group of people that cannot control their impulses.

I'm sorry you know people who have problems with drugs, but drugs clearly won despite their illegality.

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