Sunday, May 22, 2022
UniqPaid - online rewards program

Dark web criminal bought ‘quadrillions of Zimbabwe bank notes’

A drug dealer who used dark web marketplaces to ply his trade apparently used part of the proceeds to buy vast quantities of Zimbabwean cash. The FBI said Richard Castro, of Florida, had bought the equivalent of “approximately 100 quadrillion [1,000 trillion] Zimbabwe bank notes” in June 2018.

Use of the currency had ended years earlier, following hyperinflation. The purchase is thought to have been part of a wider money laundering scheme Castro also bought hundreds of thousands of US dollars worth of vehicles and “luxury automobile [wheel] rims”.

The accused initially made his fortune by illegally dealing opioids, including fentanyl and carfentanil – both of which are stronger than heroin. These were initially sold via AlphaBay and Dream Market, markets on the Tor network accessed via a special web browser only.

However, after the authorities shut AlphaBay down and were rumoured to have compromised Dream Market’s platform, Castro told his clients he would accept purchases via encrypted email only and required them to pay the equivalent of a $104 (£85) fee in Bitcoin to be told the address.

An undercover police officer paid the fee and used the address to order several deliveries, which first helped identify one of Castro’s associates and then the dealer himself, who had gone by the nickname Chems_usa.

Castro initially claimed to be not guilty before changing his plea last week. He has since agreed to surrender a sum worth the equivalent of about $4.16m, earned through the criminal venture. He is due to be sentenced on 25 October and could face decades in jail.

More from author

Samsung profits tumble as it warns of ‘challenges’ ahead

Samsung Electronics saw profits plunge in the second quarter as its key chip business faltered, and the...

Omar al-Bashir trial: Sudan’s ex-president ‘got millions from Saudis’

A detective has told a court in Sudan that former President Omar al-Bashir admitted to receiving millions...

Turkey defies US as Russian S-400 missile defence arrives

Turkey has received the first parts of a Russian S-400 missile defense system despite opposition from the...

Ripple Market Capitalization Soars, Surges Past Ethereum

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trends Now

Hong Kong protests

The trauma of Hong Kong's teenage protestersPsychologists warn that a new generation of Hongkongers are grappling with "collective trauma". Teenage protesters have become an increasingly...

When People Get Their Freedom Back

How and When People Can Get Their Freedom Back? How and When do people get their freedom back? To fight pandemics, people gave up liberties....

Watch live: Track the impact of global warming on the world

Global Warming: Track the impact on all ove the world Global Warming -This data Livestream shows in real-time what is causing our environment to change....

Destination Taiwan – What Outdoor Activities You Can Do in 2022

Destination Taiwan Destination Taiwan - Sounds so good, doesn't it, now in the COVID era, to be able to move anywhere and anytime. Taiwan is a...
%d bloggers like this: