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Wednesday, January 27, 2021

Darkmarket Taken Down, Suspected Operator Arrested

Europol announced that darknet marketplace Darkmarket has been taken down by German police and arrested its alleged operator.

Europol announced that darknet marketplace Darkmarket has been taken down by German police and arrested its alleged operator.

“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)” said the Europol.

German prosecutors said that the operator was an Australian citizen who used Darkmarket to facilitate the sale of drugs, stolen credit card data and malware.

Police in the northern city of Oldenburg arrested the suspect near the German-Danish border.

Aside from the arrest, authorities have also seized 20 servers in Ukraine and Moldova, where the operation was apparently located.

Before Darkmarket was closed down, it had 500,000 users, more than 2,400 sellers, over 320,000 transactions, and more than 4,650 bitcoin and 12,800 monero transfers.

In total, the transactions were valued at 140 million euros ($170 million).

German prosecutors said DarkMarket was discovered after busting the web-hosting service Cyberbunker, which was located in a former Nato bunker in south-western Germany last 2019.

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