While bitcoin and other cryptocurrencies have emerged into the mainstream as popular investment assets, they are still being used as a means of anonymous payment in criminal activity.

Mark A. Simon and Sarah M. Alberts of Toledo, Ohio have been arrested for allegedly running a large-scale fake ID ring and selling them online for bitcoin.

According to a report by The Toledo Blade an affidavit filed on Tuesday revealed that local police seized $4.7 million worth of bitcoin stored in 30 wallets on a USB drive found in Simon’s home.

Both suspects are being accused of distributing false IDs under the online pseudonym TedDanzigSR on Reddit. A Twitter account with the same name was also advertising its unlawful services on the social media site. Whether Simon or Alberts were behind these accounts still remains to be proven.

The Toledo Blade report also went on to state that an account once active on the Silk Road — a now-defunct online black market — also under the name TedDanzigSR was among the most popular distributors of fake IDs. This suggests that once the website was shut down by the FBI in 2013, the vendor or vendors continued to conduct their illicit business on other, more public platforms.

This is not the first time United States authorities have seized large amount of cryptocurrencies being used in criminal activities. In the aforementioned shutting down of the Silk Road, the U.S. government reported it has claimed $48 million worth of bitcoin from the black market site.

While cryptocurrency has come a long way since being the tender of choice for illegal online markets, it is still being used for some sketchy activities as is seen by these two latest arrests.

Many national governments worldwide, including France and Korea, have voiced concerns about the illegitimate uses of cryptocurrencies and even enacted regulations to try and curb it.

While digital currencies have now been brought into the forefront of finance, the anonymity of the technology is clearly still being used for criminal activities.

Photos via Flickr / zcopley

If there’s one bad thing about beanies, the ubiquitous winter hats that literally everyone wears when the weather turns, it’s that they’re a nightmare for anyone who also wants to wear one while listening to music of a cool murder podcast or whatever. Now, tech apparel company had invented a solution, and it works shockingly well.

Just before the Black Friday and holiday shopping rush, we’ve found maybe the ultimate gift (for a loved one or even just yourself) this year: The actual watch from the movie Jaws. It’s gorgeously vintage with a modern build, and it’s on sale right now on our favorite lifestyle shopping site Huckberry.

Black Friday is coming, not to mention Cyber Monday, Thanksgiving, the holiday season, and that week between Christmas and New Year where nothing’s on TV and you don’t know which days the mail is supposed to come. It’s the most wonderful time of the year!

Before you get swamped with holiday gift-giving and receiving, we’ve found the best deals online to take advantage of right now before everything starts selling out. The hotness this year? Tech accessories. Stuff for your phone, iPad, laptop, you get it.

It’s that time of year where the pressure’s on to find super cool gifts for the people you love. Instead of scrambling around this year for last-minute gifts, why not head over to one of our favorite lifestyle product sites, Huckberry, and take a look at the Levimoon, which you’ve probably guessed by now is a levitating moon.

If you’ve been using the same furniture for 15+ years or find yourself watching “House Hunters” and wanting to redo every inch of your home, it might (hint: it is) be time for an upgrade.

Though HGTV might tell you otherwise, you don’t need to replace all of your furniture or demolish half of your place to give it a refresh. In fact, a couple of new products and fixtures can modernize any space without the cost of a total remodel.