Within the wake of Silk Street’s closure by the FBI again in 2013, a lot of different darkish net marketplaces sprung up in its place, probably the most profitable of those being AlphaBay. However when the positioning, which sells a wide range of unlawful items, went offline earlier this month, many assumed the admins had absconded with customers’ Bitcoins. Nevertheless it appears the blackout was the results of a joint takedown operation by authorities in the US, Canada, and Thailand.
Like Silk Street’s alleged mastermind Ross Ulbricht, the person accused of being behind AlphaBay, Canadian citizen Alexandre Cazes, found himself behind bars after his arrest on the request of US authorities.
He was taken into custody in Thailand on July 5th – the day AlphaBay went darkish. In accordance with sources in Thailand, Cazes took his personal life on July 12. He was found hanging from a towel in his cell on the Narcotics Bureau of Bangkok on the identical day he was attributable to meet a lawyer in preparation for his extradition to the US.
Cazes had reportedly turned AlphaBay right into a profitable enterprise. The Bangkok Submit stories that native police impounded his 4 Lamborghinis and three homes, which added as much as a complete worth of $11.eight million. Police consider the marketplace’s whole each day gross sales have been between $600,000 – $800,000 at its top.
In accordance with Pol Maj Gen Chayapote Hasoonha, intelligence part commander on the Bureau, Cazes had fled to Thailand eight years in the past to keep away from a drug prosecution in america. He labored as a pc programmer and had a Thai spouse who had no doubts that his demise was a suicide.