Tracers in the Dark: The Global Hunt for the Crime Lords of CryptocurrencyHardcover (2024)

Tracers in the Dark: The Global Hunt for the Crime Lords of CryptocurrencyHardcover (1)

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  • Product Details
  • About the Author
  • Table of Contents

Description

From the award-winning author of Sandworm comes the propulsive story of a new breed of investigators who have cracked the Bitcoin blockchain, exposing once-anonymous realms of money, drugs, and violence. "I love the book... It reads like a thriller... These stories are amazing." (Michael Lewis)

Over the last decade, a single innovation has massively fueled digital black markets: cryptocurrency. Crime lords inhabiting lawless corners of the internet have operated more freely--whether in drug dealing, money laundering, or human trafficking--than their analog counterparts could have ever dreamed of. By transacting not in dollars or pounds but in currencies with anonymous ledgers, overseen by no government, beholden to no bankers, these black marketeers have sought to rob law enforcement of their chief method of cracking down on illicit finance: following the money.

But what if the centerpiece of this dark economy held a secret, fatal flaw? What if their currency wasn't so cryptic after all? An investigator using the right mixture of technical wizardry, financial forensics, and old-fashioned persistence could uncover an entire world of wrongdoing.

Tracers in the Dark is a story of crime and pursuit unlike any other. With unprecedented access to the major players in federal law enforcement and private industry, veteran cybersecurity reporter Andy Greenberg tells an astonishing saga of criminal empires built and destroyed. He introduces an IRS agent with a defiant streak, a Bitcoin-tracing Danish entrepreneur, and a colorful ensemble of hardboiled agents and prosecutors as they delve deep into the crypto-underworld. The result is a thrilling, globe-spanning story of dirty cops, drug bazaars, trafficking rings, and the biggest takedown of an online narcotics market in the history of the Internet.

Utterly of our time, Tracers in the Dark is a cat-and-mouse story and a tale of a technological one-upmanship. Filled with canny maneuvering and shocking twists, it answers a provocative question: How would some of the world's most brazen criminals behave if they were sure they could never get caught?

Product Details

ISBN-13: 9780385548090

Media Type: Hardcover

Publisher: Knopf Doubleday Publishing Group

Publication Date: 11-15-2022

Pages: 384

Product Dimensions: 6.50(w) x 9.30(h) x 1.40(d)

About the Author

Andy Greenberg is a senior writer for Wired magazine. He's written about hackers, cybersecurity, surveillance and privacy for more than 15 years, and is the author of three books: Tracers in the Dark, Sandworm, and This Machine Kills Secrets. Tracers in the Dark and Sandworm, along with excerpts of the books published in Wired, have won several honors including two Gerald Loeb awards for distinguished business and financial reporting. This Machine Kills Secrets was named by The Verge as one of the top ten greatest tech books of all time. Greenberg lives in Brooklyn with his wife, documentary filmmaker Malika Zouhali-Worrall.

Table of Contents

Table of Contents

Author's Note xiii

Prologue Proof of Concept 3

Part 1 Men with No Names

Chapter 1 Eladio Guzman Fuentes 9

Chapter 2 Nob 20

Chapter 3 The Auditor 27

Chapter 4 Cryptoanarchy 37

Chapter 5 Silk Road 44

Chapter 6 The Dread Pirate 51

Chapter 7 The Puzzle 61

Chapter 8 Men with No Names 73

Chapter 9 Cyber Narc 87

Chapter 10 Glen Park 97

Chapter 11 The Double Agent 102

Chapter 12 Receipts 112

Chapter 13 FrenchMaid, DeathFromAbove 121

Chapter 14 The Trial 129

Part II Tracer for Hire

Chapter 15 Collapse 139

Chapter 16 Dirty Money 152

Chapter 17 Noise 158

Chapter 18 The Second Agent 169

Chapter 19 A Hole in the Vault 180

Chapter 20 BTC-e 187

Chapter 21 WME 195

Chapter 22 Vinnik 202

Chapter 23 Consolation Prizes 208

Part III Alphabay

Chapter 24 Alpha02 219

Chapter 25 The Tip 230

Chapter 26 Gazes 239

Chapter 27 Thailand 250

Chapter 28 Tunaflsh 260

Chapter 29 Rawmeo 273

Chapter 30 Hansa 287

Chapter 31 Takeover 300

Chapter 32 "Advanced Analysis" 310

Chapter 33 The Athenee 318

Chapter 34 Takedown 324

Chapter 35 Captivity 338

Chapter 36 Postmortem 349

Chapter 37 The Trap 357

Chapter 38 Aftermath 365

Chapter 39 Suvarnabhumi Airport 374

Part IV Welcome to Video

Chapter 40 Five Characters 379

Chapter 41 "Serach Videos" 390

Chapter 42 Octopus 399

Chapter 43 Test Cases 408

Chapter 44 Seoul 420

Chapter 45 The Net 427

Chapter 46 Ripples 435

Part V The Next Round

Chapter 47 Open Season 445

Chapter 48 Limits 459

Chapter 49 Gray Zones 474

Chapter 50 Rumker 489

Epilogue 499

Acknowledgments 513

Source Notes 517

Notes 519

Index 555

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Tracers in the Dark: The Global Hunt for the Crime Lords of CryptocurrencyHardcover (2024)

FAQs

What is Tracers in the Dark The Global Hunt for the Crime Lords of Cryptocurrency about? ›

Tracers in the Dark shines a light on how cryptocurrency has been used to hide human rights abuses and trafficking by global crime syndicates—and how a team of crypto tracers learned to expose those schemes by finding a new way to follow the money.”

What is the book tracers in the dark about? ›

Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency is Andy Greenwood's exploration of how law enforcement in the US and around the world have adjusted to the technology changes that have been brought about by the rise of bitcoin and other cryptocurrencies.

What is the book about cryptocurrency crime? ›

Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.

What is the dark truth about cryptocurrency? ›

While cryptocurrency offers numerous benefits, including decentralization and security, the market is not without its risks. Scammers and fraudsters have taken advantage of the anonymity and lack of regulation in the market to steal from unsuspecting investors.

What cryptocurrency was hacked? ›

What Crypto Exchange Has Been Hacked? Many cryptocurrency exchanges have been hacked. FTX, Mt. Gox, and Binance are some of the more well-known hacked exchanges.

Why was cryptocurrency banned? ›

Money laundering and illicit activities: Cryptocurrencies offer a degree of anonymity, making them attractive to criminals for money laundering, tax evasion, and illegal transactions. Governments are concerned that cryptocurrencies are used to finance terrorism, drug trafficking, and other illicit activities.

Who went to jail for crypto? ›

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.

Who got sued for crypto? ›

The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase. A judge ruled that the SEC's claim that the cryptocurrency exchange engaged in unregistered sales of securities could be heard by a jury at trial.

What is cryptocurrency tracing? ›

Cryptocurrency forensics and asset tracing are investigative methods of tracking financial transactions on the blockchain. They are used to identify perpetrators and locate assets.

What happened in the crypto scandal? ›

Sam Bankman-Fried, the CEO of the exchange, was sentenced to 25 years in prison and ordered to repay $11 billion. Scores of investors and customers pulled their funds out of FTX, forcing the exchange to become insolvent and declare bankruptcy.

What is the criminal activity using cryptocurrency? ›

In 2021, 0.15% of known cryptocurrency transactions conducted were involved in illicit activities like cybercrime, money laundering and terrorism financing, representing a total of $14 billion.

Who stole the money in cryptocurrency? ›

Using the specialized skills developed during their education, as well as their expertise in cryptocurrency trading, Anton Peraire-Bueno and James Pepaire-Bueno exploited the very integrity of the Ethereum blockchain in order to fraudulently obtain approximately $25 million worth of cryptocurrency from victim ...

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