Illegal Deep Web Market Hijacked: 4,650 Bitcoin (BTC) Transactions

The illegal market named “world’s largest”, which is traded as a market place on the Deep Web, was closed after the operation carried out by the German police. The illegal market has reportedly hosted 4,650 Bitcoin (BTC) transactions so far.

Estimated to half a million users hosted by the “world’s largest” dark marketwith a raid on the weekend german police Closed by. Koblenz and Oldenburg In the announcements made by the prosecutors in the cities of the city, it was stated that the headquarters of the dark market operator is located close to the German and Danish borders. Market place server It was officially closed yesterday.

Dark market where drugs, SIM cards, stolen and fake credit card data, fake money and more are sold, many vendors COVID-19 It has been reported that its use has increased in recent years, as it has had to move its business to the internet due to the pandemic.

According to the statement made by the prosecutor’s office, on the market More than 2,400 vendors was providing services and In over 320,000 transactions total 4,650 Bitcoins and 12,800 Monero (XMR) had a trading volume.

darknet It is stated that marketplaces have created active areas of use for Bitcoin for a long time (since 2011). Bitcoin’s privacy-proof qualities ensure that users can rely on it to purchase goods on the black market, regardless of third-party restrictions or global borders.

According to Chainalysis datato illegal businesses on the dark web in 2020 1.5 billion dollars It is stated that the rate of Bitcoin transactions involving illegal activity has decreased compared to 2019.

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