AlphaBay Market Announced They Will Accept Ethereum

The announcement by the AlphaBay Market that they will be integrating Ethereum payments into their systems as of May 1st has elicited an array of mixed reactions from its users.

The highly popular darknet market has reached similar altitudes as Silk Road I did during its heyday.

Its adoption of a fairly controversial digital currency puts a cap on some of the problems the AlphaBay Market has recently been experiencing, particularly when it comes to payment methods.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

The AlphaBay Market has recently announced that it will be adopting Ethereum payments by May 1st, 2017.

On Ethereum’s part, this will be considered a monumental victory for a digital currency that has recently been struggling for a solid foothold in a niche dominated by the long-time cryptocurrency favorite Bitcoin and an upcoming rival currency Monero.

A lot of the reactions point to a general displeasure at the adoption of what many see as a dysfunctional digital currency on a platform as authoritative as the AlphaBay Market.

Concerns over whether the highly censored Ethereum chain is worthy of a darknet market that is fundamentally run by illicit drug and weapons trading are rife.

Many users see this move by the AlphaBay Market as the beginning of a horde of problems rather than the inception of a more efficient payment system.

Bitcoin is Still the Leader, But Not for Long

Ethereum is unlikely to usurp Bitcoin from its position as the leading digital currency anytime soon.

Undoubtedly, Ethereum has quite a distance to cover to reach the heights of Bitcoin.

However, for the alternative currency to even dream of competing on an equal footing with Bitcoin, moves such as this are necessary.

The recent hike in popularity and the price of the altcoin have a lot to do with the AlphaBay Market’s decision to start accepting it as a payment method on their marketplace.

Ethereum had previously been suffering from an acute lack of real-life application, but it seems like the AlphaBay Market is determined to make that a thing of the past.

Pundits, however, are not expecting it to get the same reception as privacy-centric blockchains such as Bitcoin and Monero.

And it is for that same reason that Ethereum is unlikely to usurp Bitcoin from its position as the leading digital currency anytime soon.

That said, the future looks promising for the alternative currency.

A Rocky Start Predicted for the AlphaBay Market’s New Payment System

It is fairly clear that a lot of AlphaBay Market vendors are not happy with the integration of Ethereum payments.

With a track record of at best unsavory hard forks—one particular fork was designed to return stolen money to their owners; not the best approach for a currency that is appealing to a largely criminal user base—not even the proposed Metropolis hard fork is enough to get people excited.

Nevertheless, the AlphaBay Market has made a sound decision to finally introduce Ethereum payments.

Going by its recent hike in value and popularity, the altcoin currency has finally gotten out of the rut it had previously been in and is looking healthier than ever.

Currently, the AlphaBay Market team is in the process of setting up the payment functionality, which has a projected launch date of May 1, 2017.

Vendors on the platform will be expected to manually enable the payments by going to the account settings.

The attitude surrounding Ethereum is unlikely to change soon, especially with its surprising lack of privacy in an industry dominated by privacy-centric competitors.

Nevertheless, the AlphaBay Market users may be more accepting of the currency once the Metropolis hard fork is finally implemented.

The hard fork currently has no official launch date as of yet, though.

AlphaBay Market will set a Precedent for other Darknet Markets

AlphaBay is currently being watched by other markets that are waiting to see how their move plays out in the long run.

If successful, the popular drug-fueled darknet market will be considered a trendsetter and will consolidate their position as the world’s most popular darknet market.

If not, it will be clear that the power to make or break any large darknet market lies squarely in the hands of the consumer.

A lot of their success is clearly dependent on Ethereum’s proposed privacy-enhanced hard fork.

AlphaBay Staff Paid Alleged Extortionist Demand

Dark web marketplaces such as AlphaBay have gained unprecedented popularity in the past few years.

For a long time, darknet markets have been associated with all sort of internet-related crime including drug trafficking, arms dealing, fraud, illegal pornography, and also extortion as well.

For these and other reasons, darknet markets have increasingly become the focus of law enforcement agencies all over the world.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

However, law enforcement agencies are not the only parties that dark web markets have to worry about.

Other dark web users and extortionists are quickly becoming a major threat to darknet market platforms.

AlphaBay staff allegedly paid an extortionist who discovered the identities of a former administrator and other employees.

Cyber criminals are adept at targeting the platforms in efforts to milk as much money as possible from the administrators and users.

A recent report shed some light on one of the latest extortion schemes on AlphaBay, the largest darknet market at the moment.

According to the report, the AlphaBay staff seem to have made several payments to an alleged extortionist.

Apparently, the cyber-criminal in question managed to discover the identity of a former AlphaBay administrator as well as that of current staff members.

This notorious and common attack method is known as doxxing.

It is the practice of researching information particularly identifiable or private information about an organization or individual.

Doxxing is not always done for sinister reasons such as coercion, extortion, online shaming, or harassment.

In some cases, it is conducted to aid law enforcement, business analysis, and social justice.

In the case of cyber criminals such as the AlphaBay extortionist, they often threaten to broadcast the information if a fee is not paid.

An online news and media outlet learned through an official Reddit account tagged “alphabaysupport” that AlphaBay staff had not conclusively determined the authenticity of the dox.

However, they reiterated that the bits of information sent by the extortionist seemed to confirm the dox.

This indicates that the payments made served a precautionary purpose in efforts to protect the identities of the affected employees.

The extortionist boasted of having identified AlphaBay’s creator, Alpha02, last year along with other website employees.

Screenshots provided by the extortionists appeared to confirm that AlphaBay had indeed paid them not to broadcast the information.

The screenshots showed an unconfirmed customer support account conversation on the official AlphaBay site.

The news outlet revealed that they had contact with the said extortionists, where they availed a Reddit account username and password.

The Reddit account was said to contain conversations detailing the exchange between the extortionist and AlphaBay throughout February of this year.

According to one of the threads in the conversations, the extortionists claimed to have traced and uncovered the real-life identity and locations of two AlphaBay employees going by the usernames BigMuscles and Raspi.

The AlphaBay staff then inquired about the price for keeping this information private.

According to the conversation, the extortionist may have received approximately $45,000 in bitcoin (35 Bitcoin) from AlphaBay staff in February.

However, this is mere speculation since the payment could not be verified.

The extortionist allegedly used a PGP encrypted message to send the Bitcoin transfer address.

extortionist was requested to disclose how they acquired the informations

Cybersecurity experts and law enforcement agencies often insist that victims should not pay the demanded ransom or extortion fees demanded by cyber criminals.

According to the aforementioned thread, after the extortionist was allegedly paid and requested to disclose how they acquired the information, they turned around on the deal and demanded approximatey 147 bitcoin ($190,000+) that was left in the payment wallet.

AlphaBay staff confirmed that they had indeed paid the initial ransom.

However, they would not pay the additional amount demanded by the extortionist.

This is in accordance to a policy implemented by AlphaBay, which strongly prohibit paying extortions and ransom twice.

AlphaBay staff have now resigned to ignoring the alleged extortionist hoping the incidence will blow over.

The question that many people will be asking is why AlphaBay staff readily admitted to paying an extortionist the first time around.

Phishers Insert Fake AlphaBay URL on Wikipedia

Cyber-criminals have profited from a phishing scheme by posting a false AlphaBay URL on Wikipedia, redirecting users to a fake AlphaBay platform.

Wikipedia has been the victim of multiple cyber-attacks in recent times, particularly in the last five years.

A large percentage of the schemes aimed at the site have been phishing schemes.

In one of the latest phishing schemes, the cyber criminals posted a false AlphaBay URL to bait internet users into a fake dark web platform.

AlphaBay is the largest dark web platform today and one of the most successful, a predominant reason why this scheme was so profitable.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

The operation is quite simple. Since Wikipedia can be edited by virtually anyone, the criminals keep inserting the fake AlphaBay URL into Wikipedia’s AlphaBay page.

A victim who clicks on the AlphaBay URL is promptly redirected to a fake version of the site.

This tricks them into entering his/her username and password.

Once this happens, the internet criminals have access to the victim’s credentials.

In many cases, the victim is redirected to the authentic AlphaBay market.

As such, they may never be aware that they just gave out their credentials to the fraudsters.

The criminals employ tools such as Scallion to hash out the fake AlphaBay URL making it look similar to the authentic one.

Revealed in a report, the fake AlphaBay URL was pwoah7p6o5e67qul.onion, while the genuine one is pwoah7foa6au2pul.onion.

The immediate visual similarity indicates that an ordinary internet user would not be able to spot the difference at a glance.

This is often the case for many onion URLs since they are randomized.

It is important to note that the fake URL was deleted immediately and the page was taken down permanently.

Unfortunately, for the affected victim in such cases, the internet criminals proceed to steal their accounts and the funds withheld therein.

The funds are typically in the form of digital cryptocurrencies, such as Bitcoin.

The internet criminals can stand to earn tens of thousands of dollars’ worth of Bitcoin with very little effort.

A large percentage of the schemes aimed at the site have been phishing schemes.

Dark web vendors are also liable to attacks through such phishing schemes.

Data breaches involving the vendor accounts are potentially more profitable as they often contain more funds as well as clients’ information.

Client information can be used for secondary attacks, making such incidences more notorious.

Some cyber criminals opt to hold the confidential data ransom in exchange for large sums of money.

Unfortunately, paying the demanded ransom does not always guarantee that the darknet vendors and clients will receive access to their accounts again.

Malicious cybercriminals sometimes put the data for sale even after the victims have paid the requested amounts.

For this reason, internet security experts strongly advise affected parties to avoid paying ransom for data and instead opt for mitigation procedures.

This puts dark web vendors with a reputation to uphold in a tight spot.

They almost always end up paying to avoid losing clients.

Doing so ends up making the schemes highly profitable and attracts even more hackers.

This is an incentive that has been influential in the increasing incidences of cybercrime in the last half-decade.

This latest AlphaBay URL phishing scheme on Wikipedia will definitely not be the last.

Wikipedia has a history with these kinds of phishing campaigns in various forms from 2010 through to 2016.

In some of the cases, the technique was used to spread malware.

In the wake of the AlphaBay URL scheme, Wikipedia’s editor Chris Monteiro was quick to reassure internet users of benefits of the site if it is used properly.

He noted that if the users were more aware of best cybersecurity practices and are vigilant, such hacking campaigns would not be as successful as they are currently.

AlphaBay’s operators also touched on this point, but seemed to be less sympathetic to the victims.

They pointed out the issue of user fallibility.

AlphaBay operators have always advised dark web users to cross-check URLs coming from purported official sources, as they may not always be legitimate.

Crosschecking could have easily saved many dark web users from the AlphaBay URL scheme.

AlphaBay Bug Exposing Users’ Private Messages, Fixed

AlphaBay has disclosed a bug that allowed a hacker to gain access to private emails, and has closed the loophole in their system.

AlphaBay has discovered a bug that’s responsible for breaching into people’s private messages.

Following this development, the administrator has released a statement giving users updates on what occurred.

The attacker apparently had access to AlphaBay emails not more than 30 days old, and with ID numbers ranging up to 2609452.

The IDs are often likely not sequential, though, since around 218,000 messages were retrieved.

(==> Click here for the AlphaBay Guide and AlphaBay URL <==)

To prevent such events from happening again in the future, AlphaBay paid the culprit to reveal his findings so that a solution can be found.

The person agreed to disclose the methods used to get this sensitive information, and AlphaBay developers immediately sealed all loopholes in order to safeguard the security of users.

The hacker contacted moderators through private mail and provided proof that he was indeed able to read user messages.

The administrator verified the claim by opening two separate accounts, sending a mail between them, then providing the person with their message ID.

After checking these details, the hacker revealed to them the content of their exchange.

As an AlphaBay user, you can verify the bug yourself by creating “Throwaway” accounts then sending messages between them.

Despite assuring account holders that everything is now under control, not everybody is pleased, with some saying that AlphaBay could have encrypted sensitive data in the first place.

Additionally, there are complaints that AlphaBay is taking too long to block vendors who’ve been using the platform irresponsibly, leaving other users exposed to unscrupulous individuals on the site.

Some vendors even threaten to doxx customers they get, and this has been continuing for months unabated.

AlphaBay’s job to care about security.

The inaction by AlphaBay to restrict such dealers has left many wondering whether the admin is active in resolving any disputes raised by users.

However, the moderator assured people that this isn’t the case. They say the bug has been fixed, and the mods are currently discussing the aftermath of this data breach with an aim of preventing it from occurring again in the future.

Another user posted that it’s AlphaBay’s job to care about security, as it’s “90% of the service” they provide to its users – presumably a private and secure platform to link dealers with buyers.

Therefore, if the site can’t assure users of privacy, people should cease their activities and involvements.

Others have said that they manually encrypt everything that’s done on AlphaBay market, despite the security checks promised by admin.

They are afraid of unauthorized parties, including the admin, gaining access to their personal info – which could be used in a dishonest way.

Though AlphaBay is one of the few markets with a global presence in countries such as Canada, some foreign users can’t justify endangering their security due to breaches on the site.

If this anomaly was discovered on the platform, chances are high that other security holes exist which haven’t yet been found, but may still be risky to users.

Moreover, the fact that one can omit the anti-DDoS captcha when signing in shows that a lot more needs to be done in terms of security.

Are Prescription Meds Cheaper on AlphaBay Market

Some people are realizing that it’s cheaper to purchase prescription drugs on Alpha Bay Market than from physical stores.

It’s now cheaper to buy prescription drugs on Alpha Bay Market than from over the counter.

According to some users on the darknet platform, most general practitioners and hospital medics reduce the quantity of items prescribed in order to make their own profits.

For instance, if a patient requires pills to last for about 10 days they instead get treatment for 2-3 days. This is so that the patient can continue buying items from them continuously.

(==> Click here for the AlphaBay Guide and AlphaBay URL <==)

Additionally, hospital consultants are claiming that they can’t afford to give a prescription for certain medicines such as codeine, saying it’s a stretch on their resources, and people should, therefore, get medicine pills from general practitioners.

Something that can be very expensive compared to buying the same items on Alpha Bay Market.

Another example is practitioners reducing down on diazepam dosage; medics may recommend 2 mg.

tablets after every 3 days to a week then again pay another £8.50 the following week, hiking prices of small quantities of diazepam to rates of up to £34 a month for products like 80 mg. of diazepam.

However, on Alpha Bay Market 160 mg. of the same drug can be obtained for only £14.

The situation gets even grimmer for those with rare conditions like certain types of cancer.

NHS has openly refused to subsidize the price of drugs used to manage these conditions. Buying them privately from clinics is way more costly than most people can afford.

People are warning industry regulators that this kind of manipulation on the price of prescriptions will only make them seek these products on darknet markets such as Alpha Bay Market.

There are many honest vendors on these platforms who understand the importance of providing affordable medication at decent rates, they don’t scam people and are very reliable as well.

For some medicines like Ibuprofen, Zantac and paracetamol doctors don’t even bother prescribing them to patients since these are cheap and not profitable to them.

For some medicines like Ibuprofen, Zantac and paracetamol doctors don’t even bother prescribing them to patients since these are cheap and not profitable to them.

One of these drugs can cost only 25 pence a pack. Moreover, they know that if they make Omeprazole available for sale without prescription, then that could save people lots of money.

But the medics won’t do that since they’re cashing in big by charging patients up to 8 quid for x28 tablets.

Some people believe that NHS is manipulating the prices so as to trick patients into spending more money on them than they usually ought to.

In some cases, drug prices have been pushed up by even 2000% more than what’s found on Alpha Bay Market.

The NHS failure to regulate drug rates and lack of proper funding affects the most vulnerable members of society, some of who have been making contributions to state medical plans their entire lives.

While in most countries you can buy Prilosec from over-the-counter, in others a medical prescription would be needed first before getting this drug.

Through NHS you can receive only X28 tablets of this drug at £8.50, whereas buying it online, you can get x350 pills for just £10.00.

AlphaBay Market on Bitcoin Scaling, Monero, and Zcash

The AlphaBay Market’s observations in regards to Bitcoin congestion, Monero, and Zcash.

AlphaBay Market is currently the most widely used dark web marketplace in existence at the moment.

And even though it is hard to gauge its usage statistics accurately – thanks to Tor’s anonymity notoriety – the site’s administrator confirmed previously that a majority of the vendors from the no-longer-functional Evolution platform had made their way to AlphaBay Market.

This makes AlphaBay one of the most promising successors of Silk Road which was shut down by law enforcers in October 2013.

And as expected, the popularity of AlphaBay Market has also ushered a myriad of problems, especially with the unprecedented membership boom. And here is a quick primer on that.

(==> Click here for the AlphaBay Guide and AlphaBay URL <==)

On Bitcoin Scaling

Although recently there has been a lot of chatter on scaling Bitcoin technology.

Just as many Bitcoin-related platforms have had to deal with an increase in support tickets as a result of increased congestion on the blockchain network, AlphaBay Market has also had its fair share of problems.

One of the AlpbaBay’s support representative confirmed that there has been a sharp rise in complaints from newbie users whenever there is a backlog in the blockchain which leads to deposits taking too long to be confirmed.

And although recently there has been a lot of chatter on scaling Bitcoin technology, AlphaBay Market has not formally announced any plans to integrate a Lightning Network node or a Tumblebit bub on its platform.

The support representative claimed that the dark web marketplace has its own unique proprietary coin tumbling mechanism.

On Monero Payments

Around late August, Oasis and AlphaBay Market introduced the use of Monero payments to their sites. This saw the market cap of Monero grow to an impressive $170 million up from just about $25 million in just a few weeks.

Currently, the market cap has stabilized to just above $110 million. Even though Oasis pulled an exit scam later, AlphaBay’s Monero network is still very functional and alive.

But even then, an AlphaBay support insider confirmed that Monero payments account for a mere 2% of AlphaBay transactions.

As far as the exact numbers go, this accounts for just less than 500 transactions on average per day. The numbers might look dismal, but in reality, it represents more than a 300% growth since last August.

Yet, it is not exactly clear how much of that recorded grown has been as a result of real usage and that from speculative buyers who are moving their cryptocurrencies through the exchanges.

Zcash Usage

Zcash was launched almost at the same time that the Monero network was introduced on AlphaBay Market. And given its promising growth so far, many have been left wondering whether it could be the next altcoin set to compete against Monero on darknet markets.

If anything, AlphaBay has already expressed interest in adopting Zcash as a future alternative cryptocurrency in addition to Bitcoin and Monero.

Nonetheless, it is worth noting that Zcash market capitalization is just less than 10% of that of Monero’s.

Floki Bot Malware Up for Grabs on AlphaBay

Floki Bot Up for grabs on Alpha Bay

A malware called Floki Bot is available for sale on darknet market, AlphaBay.
A malware called Floki Bot is available for sale on darknet market, AlphaBay.

Zeus – a malware first identified in 2007, made numerous headlines for consistent hacks and data breaches it created. However, a recent press release from two reputable security firms, Flashpoint and Talos, is making many people worried – the Zeus malware may have evolved into something conceivably more dangerous.

Called Floki Bot, this Zeus variant has been trending from as early as September 2016, and this Trojan horse malware can be sourced from darknet markets such as Alpha Bay for about $1,000.

According to Andrew Jaquith, a security researcher with Yankee Group – the malware has capabilities that enable it to avoid detections by antivirus software and can slip through enterprises’ defenses unnoticed.

(==> Click here for the AlphaBay Guide and AlphaBay URL <==)

Though Floki Bot source code has many similarities to Zeus, it has several modifications that make it more potent for many computer networks.

This malware listed on Alpha Bay uses a unique dropper method to execute payloads and also has a different network protocol from Zeus to enable it to avoid internet traffic detection method through Deep Packet Inspection.

The most worrisome feature according to many security analysts is that this malware that is being sold on Alpha Bay comprises a unique method that can be used to execute credit card thefts.

Further worries are that the malware creators made it have a perfect PoS targeting market and advertised it accordingly – meaning that it can be easily accessed by hackers to carry out and spread the harms the malware is intended for.

flokibot
Floki Bot can scrape through the screen for useful data such as bank accounts and other important credentials.

Floki Bot, which is available on Alpha Bay, works on Windows Vista, Windows XP, and UAC-based Windows.

Additionally, it is supported in servers such as 2008/2008R2 and 2003/2003R2. The bots code runs on every process a user executes, and the ones that need almost no privileges to access – meaning that the malware can run in Guest account, which for safety reasons should not always be left running.

Besides, it has several processes that enable to bypass computer and network firewalls, and this feature means the victim’s configuration can be sent to the server so that an operator can create commands to hack or breach the victim.

Though the malware communicates through the HTTP protocol, its communication path is encrypted with keys that are unique to instances created by the bot.

HTTP injection enables modification of loaded pages on the victim’s side, and through the approach, Floki Bot can scrape through the screen for useful data such as bank accounts and other important credentials.

There are also several blocking functions that apply to the bot, and these include a sniffer and a keyboard grabber.

The bot can import Windows certificates installed on a victim’s network. Anytime the targeted payload is dropped, it undergoes encryption and stays encrypted until the dropper process creates a function in svchost or explorer.

At this moment, the entire payload gets to be totally unencrypted, decompressed and injected to execute on all the running 32-bit processes.

After all these processes, the payload can then be unpacked and decompressed to execute. The malware also renames itself and makes a copy of its code in a subdirectory under the Application Data.

Any of the stolen data gets new encryption, and are stored in a different directory that falls under the Application Data.

There are also several changes that are made to the victim’s computer and network registry, and these are intended to alter the victim’s security and make it more vulnerable.

The most amusing reason why this malware has been trending high on the darknet markets such as Alpha Bay is its perceived execution rate.

Zeus only had 30%, and Floki Bot is twice as much potent with a high execution rate of 70%, and a rare ability to decrypt track 2 part of a credit card.

The presence of this malware on Alpha Bay means its security breach intentions can be felt right from individuals, financial institutions, and the overall transactions done on the web.

AlphaBay Vendor Known as Blime-Sub and BTH-Overdose, Arrested

A dark web vendor known as Blime-Sub” and “BTH-Overdose,” was arrested for selling illicit drugs on the darknet market, AlphaBay.

Emil Babadjov – the AlphaBay vendor behind the usernames BTH-Overdose and c was arrested, and subjected to a court appearance in San Francisco on 14th December 2016.

According to indictment report, Babadjov sold illicit drugs which included heroin, methamphetamine, and fentanyl on the AlphaBay darknet market.

Further reports say that “Blime-Sub” and “BTH-Overdose” AlphaBay accounts were linked to over 2,000 dark web drug sales.

(==> Click here for the AlphaBay Guide and AlphaBay URL <==)

The lead DEA agent investigating the case is John Rabaut, who belongs to the Central California Darknet Strike Force, a body that is tasked with the roles of combating illicit activities on the dark web and the use of digital currency with the intentions of distributing narcotics and committing crimes on money laundering.

Reports have it that John Rabaut began his anti darknet narcotics investigation in January 2016, and AlphaBay vendor BTH-Overdose has been one on the watch list. In September 2016, a full-fledged investigation was launched to look into the activities of the AlphaBay vendor.

darknet
a vendor Blime-Sub through the AlphaBay darknet market.

It was mentioned on darknet market forums that both Blime-Sub and BTH-Overdose clients received parcels from California, specifically pointing to West Coast.

The lead investigation agent, John Rabaut, linked the PGP key belonging to BTH-Overdose and tied it an email [email protected]

The subsequent online search gave a Facebook profile that had the AlphaBay vendor’s actual name, Babadjov Emil, except it was written backward.

On 14th November 2016, the agent sent an official request to Coinbase for the intentions of getting any information the platform may have had about the email address.

The platform, that is, Coinbase, gave prompt reply to the agent’s request. According to the information, the mentioned email was linked to an account belonging to an individual by the name Emil Babadjov.

Somewhere in March 2016, there was an attempt to coin another Coinbase account, again from Emil Babadjov; however, the email address was [email protected]

Through the similarities in the name for the two different accounts, the agent came to a conclusion that the AlphaBay vendors Blime-Sub and BTH-Overdose were likely to be operated by a single person.

Further investigations confirmed Babadjov’s address through his driving license. It was revealed that Babadjov was a subject in an arrest made in 2013 for being found in possession of prohibited substances, though this was later dismissed.

On 19th October 2016, agent John Rabaut used bitcoins worth $800 to purchase 3 grams of an illicit drug, heroin, from a vendor Blime-Sub through the AlphaBay darknet market.

After he had received the parcel, the content was taken to the DEA Western Regional Laboratory for drug and fingerprint analysis.

Two weeks after the analysis, it was stated that the parcel contained mixed fentanyl and heroin. Further analysis of the parcel’s PVI gave a confirmation the postage used to send the parcel was purchased on 18th September 2016 through a kiosk that was found not to be away from Emil Babadjov’s known address.

The turn of events gathered enough evidence to link Babadjov to the illicit drug trade. If convicted, he is likely to face 20 years of jail time and fines that can be as much as $1 million.

IcyEagle Gets Four Years in Jail for Selling Stolen Info on AlphaBay

Aaron Glende, using the pseudonym “IcyEagle” was found guilty of selling hacked personal information on Alpha Bay Market.
Aaron Glende, using the pseudonym “IcyEagle” was found guilty of selling hacked personal information on Alpha Bay Market.

Aaron James Glende, 35, was charged and brought before the United States District Court in Atlanta for selling personal credential information, including stolen bank account login details. Aaron used a pseudonym “IcyEagle” to conduct his illicit activities on Alpha Bay Market.

It is revealed that IcyEagle began marketing his criminal services on the Alpha Bay Market from November 2015 to May 2016.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

Alpha Bay Market is a darknet market built with features that made it easy for buyers with intentions to procure criminal services.

The listings on the darknet market even had categories such as fraud, drugs, counterfeit items, etc. Users could, however, make payments using digital cryptocurrency such as Bitcoin.

The Alpha Bay Market vendor known as IcyEagle was said to have sold a lot of customers’ information of various companies, including banks.

However, the most popular dealings were the transactions IcyEagle made with regards to information belonging to SunTrust Bank clients.

Hacked SunTrust Bank Account login for sale on AlphaBay
Hacked SunTrust Bank Account login for sale on AlphaBay

The FBI revealed the criminal activities of IcyEagle on Alpha Bay Market.

In the months of March and April this year, on totally different dates, an undercover agent accessed the Alpha Bay Market and made the purchase of SunTrust Bank account information from the vendor, IcyEagle, using bitcoin.

The undercover FBI agent revealed that the information he obtained from IcyEagle actually contained active email addresses, bank account numbers, telephone numbers, usernames, and passwords of at least five different customers of SunTrust Bank.

As a matter of fact, IcyEagle priced and categorized the SunTrust Bank account credentials depending on the amount of money in the bank accounts.

For instance, bank balances that fell in the range of $250,000-$500,000 cost for $229.99, while low-balance bank accounts were sold for $9.99, for balances of about $100-$500.

In addition to that, IcyEagle made life easier for his customers by selling them a 6-page tutorial on how to withdraw the money out of the SunTrust Bank accounts.

The tutorial IcyEagle sold to his Alpha Bay clients consist of sections on background checks, routing numbers, bitcoins, and other tips.

There were several other listings posted on Alpha Bay Market by IcyEagle that were not related to the SunTrust Bank. He also sold hacked Amazon gift balances.

IcyEagle sold hacked Amazon gift balances for around one-tenth of the total balance.
IcyEagle sold hacked Amazon gift balances for around one-tenth of the total balance.

Other accounts for sale include email logins, customer reward program logins, dating site logins, and logins for different financial services among others.

Coincidentally, almost at the same time of his arrest, the police were also given a heads up about IcyEagle’s involvement in trafficking narcotic substances. This was a tip from the US Postal Inspectors to the local police.

The police raided IcyEagle’s home in Minnesota and actually found a variety of drugs at the Alpha Bay vendor’s place.

It was after this drug-related arrest that the Federal Bureau of Investigations began tracking his activities on the darknet market.

In a recent press release, the Special Agent in Charge of FBI Atlanta, J. Britt Johnson, commented on the issue and noted that the FBI department is fully aware that cyber crime and cyber criminals like Aaron Glende, also known as IcyEagle, were becoming a persistent increasing problem for American citizens.

Agent Johnson, however, assured the public that the IcyEagle investigation and his arrest was a clear indication that the FBI was working closely with other law enforcement agencies, will track, identify and arrest these cybercriminals regardless of how deep in the digital underground they reside.

In conclusion, Aaron James Glende was found guilty of having used the Alpha Bay darknet market to source for clients and sell information containing different personal credentials of innocent people.

The court sentenced Aaron James Glende, alias, “IcyEagle” to four years and two months in prison.

AlphaBay Upgrading Their Server, Downtime Expected

Downtime

AlphaBay has been encountering temporary downtime that has affected many users; most of them are experiencing 504 timeout errors upon trying to log in.

Furthermore, during peak hours the server is usually slow and backend also seems to be struggling.

As this problem persists, AlphaBay is optimizing its scripts with the hope of improving performance and downtime is expected for a few hours.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

Server Upgrade

AlphaBay Market is experiencing downtime due to server upgrade.
AlphaBay Market is experiencing downtime due to server upgrade.

Nevertheless, the community forum will remain open as they conduct server upgrade given that it uses a different backend.

The site admin is requesting for patience from members of the public as they continue looking for solutions and performing upgrades.

Some users claim that AlphaBay is probably trying to migrate servers without notifying them beforehand.

But there are those who are adamant that this isn’t the case as AlphaBay would require a huge amount of data to back up the existing files, which include seller profiles, feedback, user messages, wallets, vendor feedback, images and so on.

It’s also possible that they will try imaging the bitcoin server but this is unsafe since all transactions made may be lost in an instant.

Shutting down the site is necessary to image it, as the image might be corrupted during the downloading process.

New features added by Alphabay
New features added by Alphabay

Moreover, even after uploading all necessary images, AlphaBay site admins will still need to reconfigure source codes for new servers, as well as upgrade database, security and “load balancing” of servers.

The entire procedure can take several hours to complete and activate, which is probably why AB is currently experiencing some moments of downtime.

Over the years, AlphaBay has been adding new features that other markets have not yet adopted.

These include FE Vendor’s remediary wallet for preventing fraud, tumbling withdrawals, Vendor stats and so on.

Considering that they’ve been in business for the longest period of time, AlphaBay has a very clear intention of keeping the market running for many years to come.

They are not about to take it down for good partly because the site is being hosted from a “comfortable point where they aren’t worried about the authorities.”

For those who’ve been trading on darknet markets like AlphaBay, such downtimes are quite normal and it has happened even on other sites for an entire week.

But when the site finally comes back, it loads faster and functions much better than before.

As for marketplace users, they should be appreciative that admins usually take lots of time to create a convenient place for trading, and practice even more patience while waiting for people to actually use it.

It takes hard work, good timing, persistence and innovation.

Nevertheless, some people still think it would have been more appropriate if AlphaBay told them of the downtime ahead of time, so that they could prepare for the inconveniences caused.

Update: AlphaBay is back online.

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