Friday, February 21, 2020

Mafia Site Sells Leaked Albums For Bitcoins

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Jide Idowu
I am Jide Idowu. A stay-at-home dad and a cryptocurrency enthusiast. I have had my hands on freelance writing for over five years, researching and writing guides, reviews, and latest cryptocurrency news for various blogs and individuals world over.

Music Mafia website has become notorious with illegal sales of unreleased songs of famous artists for the cryptocurrency. This, however, dents the image of cryptocurrency as a tool for dark web users in conducting transactions.

Music Mafia Site Notorious Act

After getting shut down by the Recording Industry Association of America, the music mafia website have taken another means to continue its malicious act.

The website is prominent for the sale of unreleased and leaked songs by popular artists. The website has resulted in the acceptance of cryptocurrency which offers more privacy and hides the secret of the platform’s malicious act.

Recently, it was revealed that the website was selling unreleased songs of Swedish DJ and record producer nicknamed Avicii (real name Tim Berling). The artist passed away last year at the age of 28.

The unreleased songs of Avicii were up for sale in Bitcoin on the website. The site came into prominence in 2017 when the website started selling some leaked part of Kanye West’s album that was yet to be released. Meanwhile, the website claims that it provides songs from artists that recorded them a long time ago but never let them out in the real world and also exclusive beats from the most prominent producers.

Also, the website provides email addresses and phone number of musicians, all in exchange for the top value cryptocurrency, Bitcoin. Before the website user can access the unreleased song, a Bitcoin wallet is provided for the users to deposit a certain amount of Bitcoin.

The Face Behind The Platform

Cryptocurrency, despite its growth and extensive use, has been dented as a tool for dark web users and illegal usage. This has been one of the reasons why cryptocurrency’s full adoption is still staggering.

The privacy offered by cryptocurrency in conducting transactions in keeping the identity of transactors secret has become a major exploit for illegal use and money laundering. Also, transactions are devoided of external disruption mostly, against what is available in the traditional banking system.

The unique feature of cryptocurrency has made it a tool for the operators of the music mafia website to aid their exploits.

Meanwhile, the identity of the operators of the website remains a subject of debate. Some view the site as just a work of a hacker, while others see the website as the creation of a powerful mover and shaker in the industry.

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