Difference between revisions of "Germany Shuts Down Darknet Platform Specializing In Drugs"
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| − | <br>BERLIN (AP) - German investigators on Tuesday shut down a Russian-language [https://mydarkmarket.com darknet marketplace | + | <br>BERLIN (AP) - German investigators on Tuesday shut down a Russian-language [https://mydarkmarket.com darknet market] marketplace that they say specialized in [https://mydarkmarket.com tor drug market] dealing, [https://mydarkmarket.com darkmarket url] seizing bitcoin worth 23 million euros ($25.3 million).<br> <br>Prosecutors in Frankfurt described the "Hydra [https://mydarkmarket.com darknet market]" platform as the world's biggest illegal [https://mydarkmarket.com darknet market] marketplace.<br><br>They said they seized its server infrastructure in Germany.<br> <br>The shutdown was the result of investigations underway since August, in which U.S. authorities participated.<br> <br>The U.S. Treasury Department also announced Tuesday it was sanctioning Hydra as well as a virtual currency exchange, Garantex, [https://mydarkmarket.com darknet markets] that operates out of Russia.<br><br>The department said both entities have been used to help finance the activities of ransomware gangs.<br> <br>The Hydra platform had been active at least since 2015, dark markets German prosecutors said. They added that, as well as illegal drugs, forged documents, intercepted data and "digital services" were offered for sale.<br>They said that it had about 17 million registered customer accounts and more than 19,000 registered sellers.<br> <br>Prosecutors said the platform had sales of at least 1.23 billion euros in 2020.<br> <br>Cybercrime research firm Elliptic said Hydra has facilitated over $5 billion in bitcoin transactions since 2015, receiving a boost after the closure of a key competitor [https://mydarkmarket.com dark web marketplaces] websites in 2017.<br> <br>"Listings on the site also included forged documents, data (such as credit card information) and digital services," Elliptic said.<br><br>"Products were advertised for sale in a number of countries such as Russia, Ukraine, Belarus and Kazakhstan."<br> |
Revision as of 15:56, 6 September 2024
BERLIN (AP) - German investigators on Tuesday shut down a Russian-language darknet market marketplace that they say specialized in tor drug market dealing, darkmarket url seizing bitcoin worth 23 million euros ($25.3 million).
Prosecutors in Frankfurt described the "Hydra darknet market" platform as the world's biggest illegal darknet market marketplace.
They said they seized its server infrastructure in Germany.
The shutdown was the result of investigations underway since August, in which U.S. authorities participated.
The U.S. Treasury Department also announced Tuesday it was sanctioning Hydra as well as a virtual currency exchange, Garantex, darknet markets that operates out of Russia.
The department said both entities have been used to help finance the activities of ransomware gangs.
The Hydra platform had been active at least since 2015, dark markets German prosecutors said. They added that, as well as illegal drugs, forged documents, intercepted data and "digital services" were offered for sale.
They said that it had about 17 million registered customer accounts and more than 19,000 registered sellers.
Prosecutors said the platform had sales of at least 1.23 billion euros in 2020.
Cybercrime research firm Elliptic said Hydra has facilitated over $5 billion in bitcoin transactions since 2015, receiving a boost after the closure of a key competitor dark web marketplaces websites in 2017.
"Listings on the site also included forged documents, data (such as credit card information) and digital services," Elliptic said.
"Products were advertised for sale in a number of countries such as Russia, Ukraine, Belarus and Kazakhstan."