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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 charge 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 shut down what was “probably the biggest illegal marketplace on the Darknet ” called DarkMarket and arrested the man believed to use it near Germany’s border with Denmark.

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

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

Oldenburg police said the raid took place on the weekend. “Investigators were able to shut down the marketplace and switch off the server on Monday,” prosecutors said.
International probe

DarkMarket’s bust was not the initial for German authorities, which are finding illegal platform operators on German soil in recent years. In 2019, Koblenz prosecurots announced the discovery of darknet servers hosted from the 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 just like the FBI, DEA narcotics law enforcement division and IRS tax authority all contributed to the investigation, alongside police from Australia, Britain, Denmark, Switzerland, Ukraine and dark0de reborn Moldova, with Europol playing a “coordinating role.”

“An overall total of at least 320,000 transactions were carried out via industry, with increased 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 more than 2,400 vendors.

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