Cyber Black Market: The Underground Economy

Monday, June 18, 2012

gaToMaLo r. amores

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gAtO rEaD the FBI unclassified report 24 April 2012 Intelligence Assessment “BitCoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity”.

At that time Bitcoins (BTC) were going for about $4.25 USD per coin.

As of Sunday June 17, 2012 they were trading at $6.26714 - a high of $6.52999 and low of $6.22130 check out – https://mtgox.com/  — and possibly going up to $30 USD by Christmas 2012.

All that glitters is gold, and he’s buying a stairway to heaven – with BitCoins mAyBe -sI -nO – more info in our new upcoming book about “The Deep-Dark Web” ...

What are Bitcoins?

Bitcoin is a new digital currency. By using proven strong cryptography, a new currency has been created for the internet. One of the key features of Bitcoin is that it is an open system with no person or authority governs the currency.

This means that you can treat it like cash: nobody can freeze your account, no chargeback’s, complete transparency and more.

This new currency opens massive opportunities for the internet:

"Perfect Money – Liberty Reserves -Wire Tranfer -Pecunix -HD-Money -C-Gold -VouchX -Cosmic Pay -MtGox Coupons -Boleto -Banco Rendimento -CyberPlat -Qiwi -Money Gram -CVS ?7-11 -Wallmart -BitStamps -Dwolla -BTC-E Coupons"

GaTo used to support Wall Street back in the day from 1 New York Plaza, overlooking Battery Park.

Those were the days when out of the window we could see traders coming into the park at lunch time and score "their powdered" lunch from the locals, but that’s another story…

These traders will be taking a look at Bitcoin, and once they get a whiff of the virtual money, they will strike... and it looks like the commercial criminals are already doing it.

Cross-posted from US Cyber Labs

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Pierluigi Paganini Great article on an interesting topic. Thank you
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