DarknetLive

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Dutch Police Seized a Bulletproof Hosting Company

Dutch Police Seized a Bulletproof Hosting Company
Dutch police confiscated ten servers from the bulletproof hosting company known as MaxiDed along with a file-sharing service associated with companies in the Netherlands as part of a a long-term investigation in collaboration with Thai police. The owner of the two companies, a 29-year-old man from Moldavia, was arrested in Thailand at a holiday resort in the province of Chumphon, south of Bangkok. He is suspected of co-perpetrating the spread of child pornography, facilitating cybercrime and money laundering.
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What is Multisig and how it works

What is Multisig and how it works
What is Multisig and how it works: Multisig Multisignature allows the creation of 2-of-3 escrow services. For example: when Buyer wants to pay the Vendor, buyer sends a transaction to a multisignature address, which requires at least two signatures from the group “Buyer, Vendor and Admin” to redeem the money. If Buyer and Vendor disagree on who should get the money (Buyer wants a refund, whilst Vendor believes he fulfilled his obligations and demands the payment), they can appeal to Admin.
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