Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested

Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested

The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. Authorities Shut Down Darkmarket

Europol announced Tuesday that darknet marketplace Darkmarket has been taken down. The announcement details: Darkmarket, the world’s largest illegal marketplace on the dark web, has been taken offline in an international operation involving Germany, Australia, Denmark, Moldova, Ukraine, the United Kingdom (the National Crime Agency), and the USA (DEA, FBI, and IRS).

According to Europol, Darkmarket had almost 500,000 users and more than 2,400 sellers. It had over 320,000 transactions, with “more than 4,650 bitcoin and 12,800 monero transferred.”

“At the current rate, this corresponds to a sum of more than €140 million [$171 million],” Europol wrote. “The vendors on the marketplace mainly traded all kinds of drugs and sold counterfeit money, stolen or counterfeit credit card details, anonymous SIM cards and malware.” Alleged Operator Arrested

Darkmarket’s alleged operator was arrested over the weekend by the Central Criminal Investigation Department in the German city of Oldenburg, near the German-Danish border.

Officers of the cybercrime unit of the Koblenz Public Prosecutor’s Office located and closed down the marketplace. They switched off the marketplace’s servers and seized “the criminal infrastructure – more than 20 servers in Moldova and Ukraine supported by the German Federal Criminal Police Office (BKA).” Europol added: The stored data will give investigators new leads to further investigate moderators, sellers, and buyers.

Europol recently shut down another major darknet marketplace. In collaboration with Finnish Customs (Tulli), the authorities shut down the Sipulimarket darknet marketplace in December and seized its bitcoin.

What do you think about Darkmarket being shut down? Let us know in the comments section below. Mastermind of $147 Million Crypto "Scam of Epic Proportions" Sentenced to 10 Years in US Prison REGULATION | 11 hours ago New Zealand Watchdog Issues Warning on Crypto Investments Following Bitcoin"s Latest Price Drop REGULATION | 17 hours ago Tags in this story Bitcoin, dark net, dark web, Darkmarket, darknet market seized, darknet marketplace, darknet marketplace shut down, Europol, Monero, seized

Image Credits: Shutterstock, Pixabay, Wiki Commons Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments