Although the crypto money market is a growing and developing world, it is often the subject of illegal events. The world’s largest darknet market, Hydra Market, which has been investigated for a long time on the grounds of illegal cryptocurrency exchange, was closed by the authorities.
The Internet has a bright and transparent side as well as a dark side, and the number of transactions taking place on this dark side is increasing day by day. Also as currency on this dark side of the internet. use of cryptocurrencies It is also one of the points that the crypto industry receives the most criticism.
However, this was also the case years ago when cryptos were not popular at all, and it is not possible to take steps that offer a guaranteed solution in this regard. However, the authorities continue to work to reduce cases such as the sale of non-legal products and money laundering. An important step in this direction came from the German authorities. The world’s largestdarknet marketplace’ it is closed.
Hdyra Market closed for money laundering
The Russian-based market called Hydra Market, where many illegal things from drugs to weapons are sold, has been under the watchful eye of the authorities for a long time. In August of last year, the final decision was made for the site, about which an investigation was launched upon some allegations about the Hydra Market.
Hydra Market, which is said to be the world’s largest ‘darknet market’ and has 17 million customers and more than 19 thousand seller accounts, was closed by the German authorities. From Hydra Market, which has the highest illegal turnover on online platforms Approximately $25 million worth of Bitcoin was seized.
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Explaining that the majority of Hydra Market is made up of Russians, officials said the platform was not used to evade sanctions on the country, but was used for trading for drugs, counterfeit money, stolen credit card information, SIM cards and malware.
In addition to Russian customers, it was stated that there are many customers from Ukraine, Kazakhstan, Azerbaijan, Armenia, Kyrgyzstan, Uzbekistan and Tajikistan. Officials from the site they closed 1.23 billion Euros (approximately 19 billion TL) of sales realized in 2020 alone. Confirmed purchase. In addition, the transaction volume of Hydra Market, which has been under scrutiny since 2015, has decreased drastically with the occupation of Ukraine.
Source :
https://www.techspot.com/news/94058-german-authorities-shut-down-world-largest-darknet-marketplace.html