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Sheep Marketplace Founder Detained in Czech Republic Over Bitcoin Donation Connection

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by Giorgi Kostiuk

10 hours ago


Tomas Jirikovsky, founder of the defunct darknet marketplace Sheep Marketplace, has been detained by Czech police in connection with a significant Bitcoin donation.

About the Arrest of Thomas Jirikovsky

Czech police have detained Tomas Jirikovsky, the founder of Sheep Marketplace, after he attempted to evade arrest by climbing onto the roof of his home during a police raid. Chief State Prosecutor Radim Dragoun confirmed the arrests were part of a criminal case without naming specific individuals.

History of Sheep Marketplace

Sheep Marketplace was launched in 2013 and was associated with the sale of illegal drugs, weapons, and counterfeit goods. Reports indicate that Jirikovsky earned at least 680 bitcoins from the operation of the site and later allegedly stole an additional 841 bitcoins from users when the marketplace abruptly shut down. He was sentenced in 2017 to nine years for embezzlement, drug trafficking, and illegal arms possession but was released on parole in 2021.

Political Consequences in Czech Republic

In May, former Justice Minister Pavel Blazek resigned amid reports that he received 468 bitcoins, worth about $45 million at the time, from Jirikovsky in an apparent attempt to avoid a new prison sentence. The funds linked to Jirikovsky were also connected to another darknet marketplace known as 'Nucleus', which reportedly holds over 5,000 bitcoins.

The arrest of Tomas Jirikovsky and the associated financial scandals raise important questions about transparency and accountability in cryptocurrency governance and their impact on politics.

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