Assets from AlphaBay and Alexander Cazes are being auctioned off in Thailand.

Almost 4 years after the original AlphaBay was seized and its administrator was apprehended (and eventually died in Thai prison), Alexander Cazes’ assets are being seized and auctioned in Thailand.

A Lamborghini car for $1,300,000, a Porsche worth 290,000, three residences worth $8,900,000, and eight bank accounts worth $1,300,000 are among the valuables.

Lamborghini Alexander Cazes

Additional 911 Bitcoins (worth at roughly 28,000,000$ as of May 2022) were taken during the arrest but were sent to the FBI, and Thai authorities are requesting that the Bitcoin be returned to them to be auctioned off alongside the other assets.

Alexander Cazes was detained on July 5, 2017 and died on July 12, 2017 in his detention cell.

While the FBI and DOJ applauded the seizure of AlphaBay, their triumph was only temporary as more and more darknet marketplaces have since opened, when even AlphaBay was revived in August 2021, with the admin this time being ‘DeSnake,’ who was the original AlphaBay’s Co-Admin.

The new AlphaBay has quickly ascended to the top of the list, and is currently the largest darknet market in terms of consumers and merchants.

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