DarkMarket Goes Dark

Gavin Butler, writing for VICE:

The primary operator behind DarkMarket, a website that prosecutors have described as "probably the largest illegal marketplace on the Darknet", has been arrested in Germany.

Authorities apprehended the 34-year-old Australian man during a raid in the south-western city of Koblenz over the weekend. The website was shut down and the server was turned off on Monday.

DarkMarket, which had nearly 500,000 users and more than 2,400 vendors, allowed anyone with a Tor browser and some cryptocurrency to buy and sell drugs, forged money, forged or stolen credit cards, anonymous SIM cards and malware. The site had processed more than 320,000 transactions, with some $170 million USD worth of Bitcoin and Monero cryptocurrencies having been exchanged.

Another one bites the dust.