28 Oct '14, 9pm

US Senator: Dark Market Fight Requires More Funding #bitcoin

US Senator: Dark Market Fight Requires More Funding #bitcoin

US Senator Charles Schumer (D-NY) has called for a crackdown on the dark web following reports that illicit marketplaces are thriving even after the government shutdown of Silk Road. In an open letter addressed to Attorney General Eric Holder and published by Schumer’s office on 27th October, the senator pledged to both secure additional funding for anti-dark web activities and continue pressing for increased oversight of technologies that facilitate such activities. The letter cited the Tor network and bitcoin as mechanisms used by criminals to help conceal the global drug trade. In a statement, Schumer said that he expects the US Justice Department to step up its fight against illicit drug trades, emphasizing the need for more funds to be pledged to the effort: “I look forward to a Department of Justice review of their protocols, and will fight to increase their funding ...

Full article: http://www.coindesk.com/senator-shumer-dark-web-fight/

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