“DarkMarket”, an online marketplace that was responsible for peddling drugs and other illegal substances has been shut down after an operation led by German law enforcement agencies. The European police agency Europol has announced the news of Dark Market’s fall on Thursday.

Europol said that this was one of the largest illegal operations online, and it boasted over 500,000 users with 2400 sellers. The users were performing transactions in cryptocurrency and these exchanges were worth more than 140 million euros (A$220 million).

Europol has released an official statement that said:

“The vendors on the marketplace mainly traded all kinds of drugs and sold counterfeit money, stolen or counterfeit credit card details, anonymous SIM cards, and malware.”

Europol coordinated the operation, and various agencies from Australia, Denmark, Moldova, Ukraine, United Kingdom, and the United States participated in it.

It is not easy tracing a darknet market since these operations are usually being conducted beyond the reach of regular search engines. Criminals often use them, because there, many customers can get things that are illegal or frowned upon by the general public with ease. Bitcoin and monero are two main currencies used in such markets.

Europol said that an Australian citizen, a suspected darknet operator, was arrested at the German-Danish border last weekend by German prosecutors.

Source: https://www.itnews.com.au/news/illegal-marketplace-darkmarket-taken-offline-559691

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