Friday, July 1, 2022
Google search engine
HomeTechnologyOne of world’s largest dark web market shutdown

One of world’s largest dark web market shutdown

WE NEED FUNDS TO FIGHT MAINSTREAM MEDIA MISINFORMATION

We are 100% independently owned, free from corporate ownership and control. Help support a free press by donating to us.

German and U.S. governments have joined forces to crackdown and shutdown one of the largest dark web markets on Earth, known as Hydra marketplace. Both Berlin and Washington have slapped heavy sanctions on the organisation, and Berlin managed to shutdown servers belonging to the Russian based site while simultaneously seizing millions of dollars in revenue.

On Tuesday, the U.S. Treasury Department declared that Hydra and an associated crypto exchange called Garantex would be subject to harsh penalties as part of a “coordinated international effort to disrupt [the] proliferation of malicious cybercrime services, dangerous drugs, and other illegal offerings.”

“Our actions send a message today to criminals that you cannot hide on the darknet or their forums, and you cannot hide in Russia or anywhere else in the world,” stated U.S. Treasury Secretary Janet Yellen. She also added that Washington “will continue to disrupt these networks” with assistance from allies’ suck as Germany and Estonia.

The department added that Hydra is “complicit” in “cyber-related activities” which could cause a threat to “national security, foreign policy or economic health” of the United States. It is claimed that the marketplace offered ransomware, “hacking services and software,” counterfeit currency and stolen information amongst other things. Hydra has seen a massive upturn in revenue in recent years, with estimates of its 2020 revenue being in excess of $1.3billion US.

Germany’s Federal Criminal Police agency said that it had successfully “secured and shut down [Hydra’s] server infrastructure in Germany,” seizing a further $25 million U.S. from a Bitcoin linked to the marketplace. This was a culmination of a joint investigation of German and U.S. authorities which was launched in August 2021.

At the same time Washington initiated actions against Garantex cryptocurrency exchange. The platform was registered in 2019 in Estonia and is primarily operated out of Moscow and St. Petersburg. U.S. Treasury also stated that “analysis of known Garantex transactions shows that over $100 million in transactions are associated with illicit actors and darknet markets,” including $2.6 million U.S. directly linked with Hydra.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

Ivan M. Paton on Approval Of Remdesivir
Beth on Free and Fair?
Novus Ordo Seclorum on Victorian Change to Mandates
Novus Ordo Seclorum on Health care in crisis
Novus Ordo Seclorum on Health care in crisis
Burnthehousedown on Postal vote outrage
Shanthini Balasuriyar on Queensland CHO – a law unto himself
Billie Hutton on Convoy to Canberra Two
Lynn a freedom warrior on Convoy to Canberra Two
Elizabeth on Ruble on the rise
Yvonne Ford on Pfizer drug recall
Gene Trevor Wyngaard on NZ Scrap vaccine mandates
Frances Mahy on Russia Sanctions The U.S.A
Peter Coxhead on My Story, So Far
Theodora Zajaz on Novak Out Of U.S. Open.
Leonie Young on Probuild Buy-Out
Shelley Madden on Pfizer, Stranger than Fiction
Debra Mullins on AVN vs Brendan Murphy
Malcolm on The End Game
Sabina on What’s Next?
Drew Duncan on Belarus Under Threat
Robyn on What’s Next?
Sofia Rutteman on Here We Go Again, Part 2
Robert Burns on Ricardo Bosi Public Address
Kim Henry on Pfizer Whistleblower
Lee Y on Give Me Five
Linda Nemeth on Ricardo Bosi Public Address
Warwick Hibble on Ricardo Bosi Public Address
Lesley on The Data Is Ours
Patricia Poppeliers on Here We Go Again, Part 2
Dani Stevens on Trouble in Paradise
Colin Stevens on VICTORY FOR THE PEOPLE
Leanne Robyn on VICTORY FOR THE PEOPLE
Dianedraytonbuckland on Facebook: Judge, Jury and Executioner
Michael Chere on Before You Inject Your Child
Kerry Taylor on Which one of us is blind?
Kathy Hirsch on First Nations Locked Down
Gloria Feather on Undermining The Indigenous.
Marie Millikin on Let us talk about intuition.
Lucienne Helm on Let us talk about intuition.
Susan Wilson on The real revolution
Jennifer Leonard on 2020 a year to forget
F J on Strange Times
Tracey Parsons on IBAC DAY 9
stacie rose on Which one of us is blind?
Uncertainty on My Story, So Far
Tracey on A Veteran’s Plea
Zaidee Lens Van Rijn on My Story, So Far
Alissandra Moon on The Rise of Medical Apartheid
Peggy Gothe on Mum, I don’t feel well
Keith Cashman on Mum, I don’t feel well
Melinda c Taylor on Mum, I don’t feel well
Vaughan Oke on Which one of us is blind?
Jane Ramsay on Choice vs Ultimatum
Brian K Wilson on Which one of us is blind?
Scott Dawson on Which one of us is blind?
Sandra Dee on ST KILDA STREET PICNIC