AlphaBay taken down by law enforcement across 3 countries

Andrew Cummings
July 15, 2017

An online marketplace that sold illegal goods on the so-called Dark Web was shut last week following action by worldwide authorities, according to people familiar with the matter.

Acting on a U.S. request, Thai police arrested Cazes, known to some as DeSnake, who had been living in Bangkok for seven or eight years, as AlphaBay came to dominate the sale of illegal goods online, including hardcore drugs, weapons, pornography and stolen credit cards.

Citing "people familiar with the matter", the Journal claims that the site was shuttered and one of its operators, Alexandre Cazes, was taken into custody in Bangkok on July 5.

Alexandre Cazes was found dead Wednesday morning inside a Bangkok jail where he was being held in relation to a US narcotics case, The Bangkok Post first reported. Authorities believe the suspect used the towel to hang himself.

AlphaBay's closure has reportedly thrown the drug web trade into chaos.

The same day Cazes was arrested in Thailand, members of the Royal Canadian Mounted Police's (RCMP) high-technology crime unit acted on search warrants to carry out two raids on residences and one on a business in Quebec, Canada.

We don't have any further details about possible co-conspirators. According to a source speaking with the Bangkok Post, police seized four Lamborghinis and about ฿400 million ($15.2 million) from Cazes when they arrested him.

AlphaBay emerged in 2014, following the death of Silk Road. At the time of its demise, the AlphaBay market had over 400,000 users.

After mysteriously going dark for a number of days, dark web marketplace AlphaBay shut down following an apparent raid by global authorities, the Wall Street Journal reported.

Avi Kasztan, chief exec of Sixgill, predicted that "Dream Market" is likely to become the next major player on the dark web.

I've been saying all along that I don't think this makes sense as an exit scam.

It seemed unlikely to many that AlphaBay would utilize such a scheme simply due to the sheer size of the service.

I'm very curious to see over the coming days and weeks how users react to the news. No arrests were made, but equipment was seized.

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.

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