Crypto Currency

Dark web drug market ‘Wallstreet Market’ seized by German police

It’s hard out there for administrators of illegal dark web markets trying to steal their users’ cryptocurrency in peace.  Barely a week after Wallstreet Market — one of the largest remaining illegal online marketplaces in the vein of the Silk Road — went into a suspicious maintenance mode, German authorities have seized the site and…


It’s hard out there for administrators of illegal dark web markets trying to steal their users’ cryptocurrency in peace. 

Barely a week after Wallstreet Market — one of the largest remaining illegal online marketplaces in the vein of the Silk Road — went into a suspicious maintenance mode, German authorities have seized the site and arrested its alleged operators. Oh, and law enforcement says the three individuals now in custody not only ran the site, but were in the processes of exit-scamming when they were busted. 

In other words, the accused allegedly weren’t content to simply take a commission off the sale of drugs and stolen data, but they straight up decided to steal all their customers’ cryptocurrency held in escrow for good measure. 

A visit to the site, accessible via Tor, on May 3 shows a seizure notice from police. 

Yikes.

Yikes.

Image: SCREENSHOT / BKA

An accompanying press release, translated from German by Google Translate, details the alleged fruits of the scheme. 

“As part of a search of the homes of the suspects were cash amounts of over €550,000, as well as cryptocurrencies BITCOIN and MONERO in 6-digit amount, several high-quality motor vehicles and numerous other evidence, especially computers and data carriers, ensured.” 

The release notes that the servers

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Utility Gems Before the Rise: Why Ruvi AI (RUVI) Could Be the Best Ripple (XRP) Alternative

The post Utility Gems Before the Rise: Why Ruvi AI (RUVI) Could Be the Best Ripple (XRP) Alternative appeared first on Coinpedia Fintech News Ripple (XRP) has long been celebrated as a utility-focused cryptocurrency, particularly for pioneering efficient cross-border payment systems. Its ability to streamline global transactions while reducing costs has earned it widespread adoption

The post Utility Gems Before the Rise: Why Ruvi AI (RUVI) Could Be the Best Ripple (XRP) Alternative appeared first on Coinpedia Fintech News
Ripple (XRP) has long been celebrated as a utility-focused cryptocurrency, particularly for pioneering efficient cross-border payment systems. Its ability to streamline global transactions while reducing costs has earned it widespread adoption and recognition…
Read More

Continue Reading
Crypto Currency

Top AI & Big Data Projects to Consider in Q3 2025: LINK, ICP, NEAR, LPT & INJ

The post Top AI & Big Data Projects to Consider in Q3 2025: LINK, ICP, NEAR, LPT & INJ appeared first on Coinpedia Fintech News Artificial Intelligence (AI) and Big Data are transforming cryptocurrency by providing tools for analysis, prediction, and automation. Given the volatile crypto markets…

The post Top AI & Big Data Projects to Consider in Q3 2025: LINK, ICP, NEAR, LPT & INJ appeared first on Coinpedia Fintech News
Artificial Intelligence (AI) and Big Data are transforming cryptocurrency by providing tools for analysis, prediction, and automation. Given the volatile crypto markets…
Read More

Continue Reading
Crypto Currency

North Carolina Passes Bill To Integrate Bitcoin Into $127 Billion Pension Fund

The North Carolina House has recently approved two significant bills that aim to transform the management of the state’s pension fund, allowing for a modernized investment strategy that includes cryptocurrencies like Bitcoin (BTC).  This legislative move comes in response to a $16 billion deficit in the pension system and a need for improved investment returns

The North Carolina House has recently approved two significant bills that aim to transform the management of the state’s pension fund, allowing for a modernized investment strategy that includes cryptocurrencies like Bitcoin (BTC).  This legislative move comes in response to a $16 billion deficit in the pension system and a need for improved investment returns compared to other states…
Read More

Continue Reading
Crypto Currency

US Could Buy $100 Billion In Bitcoin This Year: Coinbase Exec

Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase approaching $100 billion—years ahead of market expectations. In a 40-minute appearance on The Scoop with Frank Chaparro released Wednesday…

Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase approaching $100 billion—years ahead of market expectations. In a 40-minute appearance on The Scoop with Frank Chaparro released Wednesday…
Read More

Continue Reading