German police shut down $1.3 bn Darknet agency Hydra Market; seize $25.2 mn price of Bitcoin


German legislation enforcement shutdown what they are saying was the largest unlawful Darknet market place seizing 23 million euros ($25.2 million) price of Bitcoin.

German legislation enforcement shutdown what they are saying was the largest unlawful Darknet market place seizing 23 million euros ($25.2 million) price of Bitcoin. The Russian-language Hydra Market platform was used for drug trafficking and cash laundering and in 2020 alone had gross sales on 1.2 billion euros, the Frankfurt prosecutors’ anti-cybercrime unit mentioned Tuesday. Prosecutors mentioned they seized 543 Bitcoin in complete.

Frankfurt Prosecutors and German federal police cooperated with US authorities on the probe.

Hydra Market had about 17 million shopper accounts and greater than 19,000 gross sales accounts. The server construction was in Germany. Last 12 months, the German police had already taken down the DarkishMarket that about half 1,000,000 folks used to commerce medicine and cryptocurrencies.





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