Sheep Marketplace - Unmasking the Dark Web of Crypto Fraud and Hidden Trades
Fouad Sabry
Publisher: One Billion Knowledgeable
Summary
Sheep Marketplace-This chapter introduces Sheep Marketplace, a major darknet marketplace that was a key player in the digital currency crime landscape, showcasing its impact and eventual downfall 2016 Bitfinex hack-A detailed look into one of the largest cryptocurrency hacks, examining its farreaching consequences and the vulnerabilities it exposed within the system Darknet market-Exploring the rise of darknet markets, their reliance on cryptocurrencies, and their role in the exchange of illegal goods and services Coincheck-Analyzing the 2018 Coincheck hack, which stole over $500 million in cryptocurrency, and discussing the security risks associated with exchanges Mt. Gox-This chapter delves into the Mt. Gox collapse, tracing its influence on the industry and its implications for the future of cryptocurrency exchanges Bitcoin-Understanding Bitcoin, the first decentralized cryptocurrency, and how its pseudonymous nature has been exploited for illegal activities within the cryptocurrency ecosystem Cryptocurrency and crime-Investigating the various ways in which cryptocurrency is used to facilitate crime, from money laundering to funding illicit operations Cryptocurrency exchange-A critical overview of cryptocurrency exchanges, focusing on their role in both legitimate and illicit transactions Cryptocurrency wallet-Unpacking the role of wallets in safeguarding digital assets, and the risks they pose in a world increasingly dominated by cybercrime Cryptocurrency-This chapter provides an indepth look into the basics of cryptocurrency and how its decentralized nature presents challenges in law enforcement Cryptocurrency tumbler-Investigating cryptocurrency tumblers (mixers) and how they are used to obfuscate the origin of illicit funds, enabling criminals to cover their tracks Silk Road (marketplace)-Detailing the rise and fall of Silk Road, the infamous darknet marketplace, and its role in reshaping the illegal drug trade History of bitcoin-Tracing the evolution of Bitcoin from its inception to its presentday status, highlighting key events that contributed to its adoption in illegal activities Dark web-Examining the dark web’s significance as the underground space for cryptocurrencyrelated crimes, and the continuous battle between anonymity and law enforcement Operation Onymous-A look at Operation Onymous, the global crackdown on darknet marketplaces, shedding light on law enforcement efforts to curb digital crime IOTA (technology)-Exploring IOTA's unique Tangle technology and its potential for enhancing the security of cryptocurrency transactions, despite being associated with vulnerabilities Blockchain analysis-This chapter introduces blockchain analysis, an essential tool for tracking illicit transactions and identifying criminal activity within cryptocurrency networks LocalBitcoins-Discussing LocalBitcoins, a peertopeer exchange that has been linked to numerous illegal transactions, and its role in circumventing traditional banking systems Grams (search)-A deep dive into Grams, a search engine designed for the dark web, illustrating its role in facilitating access to illegal goods and services Ross Ulbricht-Focusing on the story of Ross Ulbricht, the creator of Silk Road, his arrest, and the legal ramifications of his involvement in darknet crime Charlie Shrem-A detailed look at Charlie Shrem, a prominent figure in the cryptocurrency world, whose involvement in money laundering highlights the risks inherent in the digital currency space
Available since: 08/13/2025.
Print length: 272 pages.
