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Alphabay Vendor Kills Himself As His Crypto Assets Got Seized By The US Government

A vendor from Alphabay, a darknet market, charged to go to court for money laundering, drug trafficking, and conspiracy on the darknet marketplace committed suicide in detention. The law court has confiscated his valuables of cryptocurrencies and others valued at $12 million in all.

The Charge Against The Darknet Vendor

Alexandre Cazes, the Alphabay darknet vendor, was charged with the crimes of money laundering, drug trafficking, and conspiracy on the darknet marketplace.
Alphabay is a darknet marketplace known for illegal goods, having users all over the world. Through the platform, malware, controlled substances, chemicals, guns, stolen financial information, and counterfeit documents could be purchased globally.
The main culprit of the Alphabay marketplace was alleged to be Alexandre Cazes, a national of Canada. He was arrested in Thailand and was to be extradited to the United States before he committed suicide in Thai prison. He is not a citizen of the United States nor was Alphabay based in the United States but was demanded to be extradited to the United States because of some of his alleged crimes were committed on the United States space.
The Alphabay darknet could only be accessed through “The Onion Router” network, it was designed to conceal the true IP address of the computer on the network. It was compulsory to transact with cryptocurrencies, such as Bitcoin [BTC], Monero [XMR], and Ethereum [ETH] to purchase on the platform.
Cazes was alleged to be the main controller of the website from the onset. Also, he controlled all the profit made on the platform, which features the collection of a commission that worth millions of dollars through illegal transactions on the web.
The undercover investigation of Cazes’s Alphabay involved the United States law enforcement agents purchase of controlled substances such as marijuana, heroin, fentanyl, and methamphetamine. Also, the agency agents purchased fake identification documents and an ATM skimmer from AlphaBay to understand the mode of operation of the platform.
Notably, Cazes personal email included in the header of the Alphabay welcome email revealed the main culprit after an investigation.

The U.S. Court’s Conclusion Of The Case

The U.S. District Court of Eastern California’s Fresno courthouse had recently wrapped up the criminal case through confiscation of his valuables which includes cryptocurrencies and some other luxuries.
Cazes had digital assets such as BTC, XMR, ETH, and ZEC in total worth of $8 million. He also had some properties around the world which includes BMW motorcycle, Lamborghini, and Porsche all in the value of $12 million. The US court confiscated all these.

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