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‘Largest illegal darknet marketplace’ DarkMarket taken offline

Authorities say the darknet platform had fifty per cent of a million users, where drugs, counterfeit money, stolen bank card data, anonymous SIM cards and malware were traded. The suspected operator was arrested in Germany.

German prosecutors in the cities of Koblenz and Oldenburg said on Tuesday that they’d turn off that which was “probably the greatest illegal marketplace on the Darknet ” called DarkMarket and arrested the man believed to operate it near Germany’s border with Denmark.

The detained man, thought to be DarkMarket’s operator, is a 34-year-old Australian national.

Authorities say drugs, counterfeit money, stolen credit card data, anonymous SIM cards and malware were all traded on the website, which had a half of a million users and transacted business in cryptocurrencies comparable to a value of €140 million ($170 million).

Oldenburg police said the raid took place within the weekend. “Investigators were able to power down the market and turn fully off the server on Monday,” prosecutors said.
International probe

DarkMarket’s bust wasn’t the first for German authorities, which have found illegal platform operators on German soil in recent years. In 2019, Koblenz prosecurots announced the discovery of darknet servers hosted from a former NATO bunker in a sleepy German town.

Authorities say the probe that uncovered DarkMarket involved a months-long international law enforcement operation.

US agencies such as the FBI, DEA narcotics police division and IRS tax authority all contributed to the investigation, along side police from Australia, Britain, Denmark, Switzerland, Ukraine and Moldova, darkode reborn (cube.investments – https://cube.investments/forums/users/susanaharrington/edit/?updated=true/users/susanaharrington/) with Europol playing a “coordinating role.”

“A complete of at the very least 320,000 transactions were carried out via the market, with an increase of than 4,650 Bitcoin and 12,800 Monero – two of the very most common cryptocurrencies – changing hands,” Oldenburg authorities added.

During the time of its closure, DarkMarket had a lot more than 2,400 vendors.

 

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