The Department of Justice and the Securities and Exchange Commission have charged a man they claim sold insider trading tips on the dark web. Apostolos Trovias allegedly used anonymizing software, pseudonyms (he is said to have gone by the nickname "The Bull") and bitcoin to mask his identity.

According to the complaint, Trovias sold stock information individually and on a subscription basis on defunct black market AlphaBay and other sites on the dark web. He's said to have styled himself as a “hedge fund insider” who worked in a trading branch as an office clerk.

In 2017, not long before authorities seized and shut down AlphaBay, Trovias allegedly sold an undercover Internal Revenue Service agent pre-release earnings report information for at least one publicly traded company. He is facing one count of money laundering (which has a maximum penalty of 20 years in prison) and one count of securities fraud, which could lead to a prison sentence of 25 years if Trovias is convicted.

The complaint was filed in February but kept sealed until after Trovias was apprehended. He was arrested in Peru in May, according to a filing spotted by PCMag, which notes the US Government was working on extraditing him.

Others have been charged or convicted in connection with AlphaBay activity. In February 2020, feds charged Larry Harmon for allegedly running a $300 million bitcoin money laundering scheme. Last September, Bryan Connor Herrell was sentenced to 11 years in prison. Herrell was a moderator for AlphaBay and resolved disputes between vendors and customers. He pled guilty to conspiring to engage in a racketeer influenced corrupt organization.

The mastermind behind what the government says is one of the largest cryptocurrency Ponzi schemes prosecuted in the US has been sentenced to 15 years in prison. While crypto scams have been getting increasingly common, Swedish citizen Roger Nils-Jonas Karlsson defrauded thousands of victims and stole tens of millions of dollars over a period that lasted almost a decade. He pleaded guilty to securities and wire fraud, as well as money laundering charges on March 4th. 

According to the Department of Justice, Karlsson ran his fraudulent investment scheme from 2011 until he was arrested in Thailand in 2019. He targeted financially insecure individuals, such as seniors, persuading them to use cryptocurrency to purchase shares in a business he called "Eastern Metal Securities." Based on information from court documents, he promised victims huge payouts tied to the price of gold, but the money they handed over wasn't invested at all. It was moved to Karlsson's personal bank accounts instead and used to purchase expensive homes and even resorts in Thailand.

To keep his scheme running for almost a decade, he'd rebrand and would show victims account statements in an effort to convince them that their funds are secure. Karlsson would then give them various excuses for payout delays and even falsely claimed to be working with the Securities and Exchange Commission. During the sentencing, US District Judge Charles R. Breyer ordered his Thai resorts and accounts to be forfeited. He was also ordered to pay his victims in the amount of $16,263,820.

Acting US Attorney Stephanie Hinds of the Northern District of California said:

"The investigation into Roger Karlsson’s fraud uncovered a frighteningly callous scheme that lasted more than a decade during which Karlsson targeted thousands of victims, including financially vulnerable seniors, to callously rob them of their assets and all to fuel an extravagant lifestyle surrounded by luxury condominiums and lavish international vacations. The court's decision to order a 180-month prison term reflects the fact that Karlsson’s cryptocurrency Ponzi scheme is one of the largest to be sentenced to date and ensures that Karlsson now will have plenty of time to think about the harm he has caused to his victims."

It seems more and more law enforcement agents are trying to use online platforms' copyright-takedown measures to prevent videos that show them in a bad light from being shared online. A California police officer has tried to use the tactic on a BLM protestor at the Alameda Country courthouse by playing Taylor Swift's Blank Space, as reported by The Washington Post and Variety. His attempt failed, though, and it even backfired spectacularly: The video has almost 800,000 views on Twitter as of this writing, as well as 300,000 views on YouTube. 

The protestor was at the courthouse for the pretrial hearing of Jason Fletcher, the police officer charged with voluntary manslaughter for killing Steven Taylor, a Black man, inside a Walmart. In the video posted by the Anti Police-Terror Project, you'll hear the officer admit that he played the popular Swift song so that it gets a copyright strike on Google's video platform. "You can record all you want, I just know it can't be posted on YouTube," he said. 

When asked if there's an administrative regulation telling cops to play copyrighted music to prevent videos from being shared, the officer replied: "Not that I know of." Alameda County sheriff's office spokesperson Sgt. Ray Kelly told The Post that there's no policy barring what the officer did in the video, but that the office does not "condone" his behavior.

Back in February, several police officers in Beverly Hills had also been caught on video seemingly trying to get a prominent LA activist banned from Instagram by triggering is copyright filters. They kept playing songs while being filmed, including Sublime's Santeria and The Beatles' Yesterday. 

Chessie Thacher, a senior staff attorney with the American Civil Liberties Union Northern California, told The Post that the tactic "does seem to be a trend right now." Thacher added: "People have the right to film the police, and efforts by the police to infringe on this right are unconstitutional. So if they're using copyright laws to prevent people from exercising their right — and amplifying what they’re seeing — then that's a real problem."