Germany Dismantles the World’s Largest Underground Marketplace

0 29,356

Germany on Tuesday shut down an illegal online marketplace that may have been the largest of its kind in the world.

 

Hydra Market’s servers have been seized, and the forum has been closed. In addition, 543 bitcoins were seized. That virtual money is worth a total of 23.1 million euros.

The German Bundeskriminalamt announced the action on Tuesday. However, according to the judiciary, it is unknown who the administrators are.

Hydra Market was founded in 2015 and was located on the dark web, a protected part of the internet that can only be reached with special software. The platform had more than 19,000 sellers and approximately 17 million customers.

They mainly dealt in drugs, stolen data and forged documents. In 2020 alone, more than 1.2 billion euros would have been traded via the network. The site was in Russian.

In recent years, such underground marketplaces have been rolled up more often, such as Silk Road, AlphaBay and Hansa Market.

Leave A Reply