U.S. Markets closed
  • S&P 500

    3,841.47
    -11.60 (-0.30%)
     
  • Dow 30

    30,996.98
    -179.03 (-0.57%)
     
  • Nasdaq

    13,543.06
    +12.15 (+0.09%)
     
  • Russell 2000

    2,168.76
    +27.34 (+1.28%)
     
  • Crude Oil

    51.98
    -1.15 (-2.16%)
     
  • Gold

    1,855.50
    -10.40 (-0.56%)
     
  • Silver

    25.57
    -0.29 (-1.12%)
     
  • EUR/USD

    1.2174
    +0.0001 (+0.0122%)
     
  • 10-Yr Bond

    1.0910
    -0.0180 (-1.62%)
     
  • Vix

    21.91
    +0.59 (+2.77%)
     
  • GBP/USD

    1.3685
    -0.0046 (-0.3339%)
     
  • USD/JPY

    103.7500
    +0.2450 (+0.2367%)
     
  • BTC-USD

    32,107.08
    -551.61 (-1.69%)
     
  • CMC Crypto 200

    651.44
    +41.45 (+6.79%)
     
  • FTSE 100

    6,695.07
    -20.35 (-0.30%)
     
  • Nikkei 225

    28,631.45
    -125.41 (-0.44%)
     

Europol confirms world's largest dark web marketplace has been taken offline

Mariella Moon
·Associate Editor
·1 min read

Law enforcement agencies from multiple countries have teamed up to take down what Europol is calling the “world's largest” illegal marketplace on the dark web. DarkMarket had almost 500,000 users when it was taken offline. It had over 2,400 sellers and hosted 320,000 transactions wherein US$171 million worth of cryptocurrency had changed hands. According to Europol’s announcement, vendors mainly used the marketplace to sell drugs, counterfeit money and credit card details, malware and anonymous SIM cards.

In addition to Europol, law enforcement agencies from Germany, Australia, Denmark, Moldova, Ukraine, the United Kingdom (the National Crime Agency) and the USA (DEA, FBI, and IRS) participated in the operation. Over the weekend, German authorities arrested an Australian citizen who’s allegedly the operator behind the marketplace near the German-Danish border. A German cybercrime unit’s findings also made it possible to shut down DarkMarket and to seize its servers (more than 20 of them) in Moldova and Ukraine. Authorities are expecting the data stored in those servers to lead them to the marketplace’s moderators, sellers and buyers.

The Telegraph reports that authorities stumbled upon DarkMarket while investigating Germany-based web-hosting service Cyberbunker. DarkMarket is but the latest dark web marketplace taken offline since the Silk Road bust back in 2015 — over the past few years, international law enforcement operations had also taken down AlphaBay and Wall Street Market, which were also used to sell drugs and other illicit goods.