The FBI Made a Crypto Coin Just to Catch Fraudsters

The Internet Archive is under attack. On top of multiple extinction-threatening lawsuits against the organization that created and maintains the Wayback Machine, hackers this week breached the Internet Archive, stole 31 million user account details, and defaced its website—all while archive.org struggled to stay online thanks to a barrage of distributed denial-of-service attacks. As of Friday, the site remained “temporarily offline.”

In a dark twist of fate, a judge this week cleared the way for the US Treasury Department to take possession of 69,000 bitcoins stolen from the Silk Road dark web market; meanwhile, the former IRS investigator who personally seized the bitcoins, Tigran Gambaryan, remains in a Nigerian jail cell on…

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