Distributed database that is used to maintain a continuously growing list of records, called blocks.
One of the most popular "deepweb" market, AlphaBay, has been closed by the US government. This is reported by the Cointelegraph.
— Justice Department (@TheJusticeDept) July 20, 2017
The US Department of Justice on Thursday confirmed that they have closed the illegal market and captured AlphaBay’s operator. The a combined operation by the US and European authorities was held earlier in July. Alexandre Cazes, the operator of Alphabay, was arrested.
This is an outstanding success by authorities in Europe and the US. The capability of drug traffickers and other serious criminals around the world has taken a serious hit today after a highly sophisticated joint action in multiple countries.
Executive Director, Europol
The founder of AlphaBay committed suicide shortly after the arrest. The 25 y.o. Canadian Alexandre Cazes was found dead hanging in a towel on the ceiling of his cell.
Before the close-up, Alpha Bay was known as one of the biggest darkweb markets, with more than 40,000 vendors of drugs which transacted to some 200,000 clients. Guns and malware were available too, additionally to all kinds of drugs.
Cryptocurrencies are used to transact in the dark web marketplace, so, hutting down of AlphaBay may have effects of them.