Authorities in seven countries and Europol have jointly closed the dark market, one of the largest dark web markets. The alleged operator in the market took action after being arrested in Germany.

The authorities closed the dark market

Europol announced on Tuesday that the dark market Darkmarket has been dismantled. Announcement details:

Darkmarket (Darkmarket) is the world’s largest illegal trading market on the dark web, which has involved Germany, Australia, Denmark, Moldova, Ukraine, the United Kingdom (National Crime Agency) and the United States (DEA, FBI and IRS).

According to Europol data, Darkmarket has nearly 500,000 users and more than 2,400 sellers. It conducted more than 320,000 transactions, of which “over 4,650 bitcoins and 12,800 monero were transferred.”

“At current exchange rates, this amounts to more than 140 million euros [$171 million]”, Europol wrote. “Vendors on the market mainly trade various drugs and sell counterfeit currency, stolen or forged credit card details, anonymous SIM cards and malware. “

Suspected operator arrested

The suspected operator of Darkmarket was arrested by the Central Criminal Investigation Bureau in Oldenburg near the border with Denmark in the German city of Denmark over the weekend.

Officials from the Cybercrime Department of the Koblenz Public Prosecutor’s Office found and closed the market. They shut down the servers in the market and seized the “criminal infrastructure-more than 20 servers in Moldova and Ukraine, with the support of the German Federal Criminal Police Office (BKA).” Europol added:

The stored data will provide investigators with new clues to further investigate the host, seller and buyer.

Europol recently closed another major darknet market. In cooperation with the Finnish Customs (Tulli), the authorities closed the Sipulimarket darknet market in December and confiscated its bitcoins.

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