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The popular idea is Bitcoin and cryptocurrency are the tools for processing illicit and criminal activities around the globe. But we have learned it is global banks that moved some $2,000,000,000,000 ($2 trillion) worth of suspicious transactions for criminals around the world.

According to Buzzfeed News it turns out, "Deadly Terror Networks And Drug Cartels Use Huge Banks To Finance Their Crimes." Buzzfeed obtained thousands of documents that detail how the banks profit. The documents contained private banking information about public figures and senior government officials around the world — along with suspected criminals and organizations tied to terrorism.

More than 2,100 “suspicious activity reports” were filed from 1999 to 2017. These reports are required when there are signs of money laundering or other potential crimes. These transactions could be linked to drug dealers, terrorists, human traffickers and other illicit operations. But after filing the reports the big banks continued to process most of the transactions and collect the associated fees.
These documents compiled by banks, shared with the government, but kept from public view, expose the hollowness of banking safeguards, and the ease with which criminals have exploited them. Profits from deadly drug wars, fortunes embezzled from developing countries, and hard-earned savings stolen in a Ponzi scheme were all allowed to flow into and out of these financial institutions, despite warnings from the banks’ own employees, according to the documents.

Since the story broke shares in finance giants Deutsche Bank, JPMorgan Chase and HSBC have tumbled.

The volume of transactions and amount of money involved make the "Dark Web", cyber-criminals, crypto exchange hackers and other bad actors look like amateurs.

In light of these reports governments, securities regulators and executives at global financial institutions have some explaining to do. They have been raking tremendous profits for executives and shareholders by moving dirty money.

Interestingly the leaked documents stem from a congressional investigation into the 2016 U.S. presidential election. We are less than 45-days away from the 2020 elections.  

Why do these gatekeepers cast doubt about supporting crypto while laundering trillions of dollars for global crime cartels?  
In a joint operation with different US agencies and other countries, FBI seized of of Weapons, Drugs and over $6.5 Million in cash and crypto. Coordinated effort to stop the trade of opium trafficking in the dark net. Resulting in an arrest of 170 criminals worldwide.

The extensive operation, which lasted nine months, resulted in over dozens of federal prosecutions including:

The Los Angeles JCODE Task Force, in conjunction with the U.S. Attorney’s Office for the Central District of California, successfully dismantled a drug trafficking organization that used online monikers such as “Stealthgod” to sell methamphetamine and MDMA on multiple Darknet marketplaces. Investigators have linked the crew to more than 18,000 illicit drug sales to customers in at least 35 states and numerous countries around the world. During law enforcement actions in Southern California earlier this year, members of JCODE arrested five defendants and seized approximately 120 pounds of methamphetamine, seven kilograms of MDMA and five firearms. Two of the five – Teresa McGrath, 34, of Sunland-Tujunga, and Mark Chavez, 41, of downtown Los Angeles – have since pleaded guilty to narcotics-trafficking and other offenses, and each faces a 15-year mandatory minimum sentence. As the investigation continued, the Los Angeles JCODE Task Force made additional seizures, including $1.6 million in cryptocurrency, 11 pounds of methamphetamine and 14 pounds of pills pressed with methamphetamine. Andres Bermudez, 37, of Palmdale, California, who allegedly was a main supplier of methamphetamine to the “Stealthgod” crew, was charged last week with a narcotics-trafficking offense that carry a 10-year mandatory minimum sentence. He is considered a fugitive.
Arden McCann, 32, of Quebec, Canada, was charged with conspiring to import drugs into the United States and money laundering conspiracy, in a four-count indictment returned by a grand jury in Atlanta, Georgia. According to court documents, the defendant is alleged to have imported alprazolam, fentanyl, U-47700, and fentanyl analogues such as carfentanil, furanyl fentanyl, 4-fluoroisobutyryl fentanyl, acryl fentanyl, and methoxyacetyl fentanyl into the United States from Canada and China. The superseding indictment alleges that fentanyl analogues the defendant imported into the United States resulted in a non-fatal overdose in April 2016, and fentanyl the defendant imported into the United States resulted in an overdose death in December 2016.
Khlari Sirotkin, 36, of Colorado; Kelly Stephens, 32, of Colorado; Sean Deaver, 36, of Nevada; Abby Jones, 37, of Nevada; and Sasha Sirotkin, 32, of California, were charged with drug trafficking and money laundering conspiracy, in a 21-count indictment returned by a grand jury in Cincinnati, Ohio. According to court documents, the defendants are alleged to be members of one of the most prolific online drug trafficking organizations in the United States and allegedly specialized in the manufacturing and distribution of more than one million fentanyl-laced counterfeit pills and laundered approximately $2.8 million over the course of the conspiracy. The pressed fentanyl pills, along with heroin, methamphetamine and cocaine, were shipped to the Southern District of Ohio and throughout the country. FBI, DEA, FDA, HSI and USPIS agents seized 2.5 kilograms of fentanyl; 5,095 pressed xanax; 50 suboxone; 16.5 grams of cocaine; 37 grams of crystal meth; 12 grams of black tar heroin; an industrial pill press; 5,908 pounds of dried marijuana with an estimated street value of $9 million; $80,191 in cash, 10 firearms and one pound of fentanyl.
The FBI Washington Field Office’s Hi-Tech Opioid Task Force, in conjunction with the U.S. Attorney’s Office for the Eastern District of Virginia, successfully thwarted a firebomb attack plot involving explosives, firearms, the Darknet, prescription opioid trafficking, cryptocurrency, and sophisticated money laundering. William Anderson Burgamy, 33, of Hanover, Maryland, and Hyrum T. Wilson, 41, of Auburn, Nebraska, pleaded guilty in the Eastern District of Virginia to charges related to a conspiracy to use explosives to firebomb and destroy a competitor pharmacy in Nebraska. Burgamy, who is not a pharmacist, operated as the Darknet vendor NeverPressedRX (NPRX) since at least August 2019. Wilson, who was a licensed pharmacist, illegally mailed to Burgamy over 19,000 dosage units of prescription medications, including opioids, from his pharmacy in Nebraska. Burgamy illegally sold prescription drugs through his Darknet vendor account to customers nationwide, and claimed at one point that he made nearly $1 million total. Burgamy and Wilson agreed that Burgamy and another individual would carry multiple firearms during the attack operation and use explosives, specifically Molotov cocktails enhanced with Styrofoam as a thickening agent, to burn the victim pharmacy down in furtherance of their drug trafficking scheme. Law enforcement agents seized thousands of opioid pills, eight unsecured firearms, including two loaded AR-15 assault rifles with high capacity magazines, and over $19,000 cash. Prior to Burgamy’s arrest in April 2020, which uncovered and thwarted the firebombing plot, Burgamy and Wilson fully intended on the attack occurring after COVID-19 restrictions were lifted.
Aaron Brewer, 39, of Corsicana, Texas, was charged with conspiracy to possess with intent to distribute a controlled substance and distribution of a controlled substance in a two-count indictment returned by a grand jury in the Northern District of Texas. According to court documents, the defendant allegedly sold cocaine, heroin, and other drugs via the dark web. He allegedly accepted payment in cryptocurrency, primarily bitcoin, and then shipped the drugs to customers’ addresses through the U.S. mail and other shipping services.  Following Mr. Brewer’s arrest on July 2, agents with the U.S. Postal Inspection Service and FBI Dallas Field Office seized roughly 650 grams of black tar heroin, cocaine, and OxyContin, two computers, and more than $870 in postage stamps, as well as a ledger outlining 757 drug shipments sent to 609 unique addresses between December 2019 and March 2020.

So it's sending a message across the globe that the days of dark web will no longer 'fence' anyone, and even if you used crypto, the law enforcement agencies are going to track and hunt you down.
Latest Bitcoin News / The good alternative to safeguard wealth
« Last post by administrator on September 23, 2020, 01:10:42 PM »
The decline in the US dollar against other currencies led people to look for other types of investment thats safer and more secure. With the notion that the value of government-backed currencies will fall, investors have turned to put their hard-earned money to Bitcoin instead of stocks. Bitcoin is gradually gaining it way through and making investors consider it over all other currencies. Although bitcoin has been flauctating recently but still give investors opportunity to generate wealth thereby adding value to the bitcoin in the block chain market
Just a Fact that investing in 1$ in bitcoin every day over the last five years could actually give you a profit of $20,405, just investing or spending over $1,858 in bitcoin...
Of course, this doesn't involve transaction fee but still, it was just 1$ investment every day or just like buying a coffee every day you could already accumulated more than $20k of bitcoin.
It is interesting to note that this could be a decent strategy for those that want to buy at every price without going through the risk of buying too much at a too high price. Considering that Bitcoin may one day (hopefully) be worth more than a $100K, this could still be a viable strategy.
Let me know what you think of this in the comments below.
Latest Bitcoin News / Bitcoin a sure legacy
« Last post by administrator on September 23, 2020, 11:24:53 AM »
As generations transcends people keep inheritable valuables for their descendants, something the can always hold onto, something they can use to start up life even when the economy is unstable. Bitcoin in our present era is currently on of those valuables one can keep as a legacy considering the constant increase in bitcoin as the day goes by. It is highly advisable to purchase bitcoin because of its increasing value and the benefits attached to owning one in our present society. Bitcoin has come to reduce bulky currencies and made transactions even more easier when compared 2 circular currencies. With the advent of bitcoin transactions across the continents has been made even more easier reducing the stress of currency exchange
Just a thought. Of course its decentralised by an order of magnitude compared to fiat or other alternatives, but what about the process/team that decided the 21 million coin limit for example? How are such rules changed by the way? Is it the same dev team that pushes changes to the Core release that decides these things?

Latest Bitcoin News / Unauthorized change in the Bitcoin protocol?
« Last post by administrator on September 23, 2020, 06:06:58 AM »
Sorry for the provocative question and it probably was already discussed here but what if any of Bitcoin core developers decide to maliciously change Bitcoin code without miners' consensus/voting? As I understand, they make minor necessary changes in the Bitcoin protocol without BIP procedure and 95% voting rule. So they have full access to the Bitcoin Core in the Bitcoin GitHub repository. I do not think Bitcoin code is audited every few minutes to find any unauthorized changes. I also understand that Bitcoin miners are not supposed to follow maliciously changed blockchain but it seems that there is still a risk that a Bitcoin core developer can potentially make an unauthorized significant change in the Bitcoin code that will become effective immediately ... I think that Bitcoin price will drop substantially if this happens and information about it becomes publicly available.
Ethereum looks very interesting, what are some simple examples of real-world Eth apps that people are using?
Its consistently higher that what the normal currency exchange rate would suggest in Asian countries.

For example if you multiply the USD rate of 1 BTC with the CNY rate, its 1 BTC = CNY 73,600, but exchanges there have it around CNY 75,500.

In other countries in Asia and South America also BTC is more expensive to buy in non-USD currencies than in USD.

Why is this the case?
I used paypal to purchase bitcoin back in 2011 before paypal prevented this..

I would like to know the type of pgp files that was used when the they sent  you the passphrase info in the e-mail engryption.

I found some old pgp keys labled with Hendrix was one of the owners.. who happens to be one of the sellers back in 2011 - I know I didnt make big purchase since I am sure I only spent 50-100$

This is what  I remember - After i made the purchase the guy sent me couple words to i have to pick and from there I had to pick them as my passphrase from there he sent me an encrypted email.

What I am trying to do is trying to find that encrypted e-mail and hire a recovery service for to break that e-mail.  I want to know the type of e-mail encryption was sent back in 2011

I was using 2010 outlook on my macbook  but the problem is.. I cant figure out if i was using the apple MS outlook or windows side outlook. Since I had my outlook to download the e-mail from gmail nothing will be stored in my e-mail account...

I was trying to figure out what messanger I using when I was talking to this seller.. back then I was using Apple/google/msn and few others.. 

  have bitcoins I cant use cause i got stupid with storing the files - placed the file in my world of warcraft game folders and other folders and related the extensions to hide it. I tested this to make sure the data didnt get lost..  I was thinking maybe apple deleted the files since it didn't recognised the file ext?

If you purhcase bitcoin back in 2011 please respond .. not going to be replying back to any other response on where or what.. I just need to correlate the info .. hopefull if you bought bitcoin in 2011 from one of these sellers.. I can probably correlate some info..

I tried contacting hendrix in twitter.. finally got a response 6 months later.. but he blew me off saying he cant help me.. dunno if he thought I was gonna beg him for something I don tknow I told him I just need to know how purchase done.. simple info =( but no response..

I tried contacting dwdollar..... no response =(

I just need simple info............... man

I got hd over 10 yrs old.......... with this lost bitcoin... please help me if you bought bitcoin in 2011.
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