Authorities Fully Behead Hydra Dark Marketplace

The popular underground market traded in drugs, stolen data, forged documents and more — raking in billions in Bitcoin.

German authorities have taken down the Hydra marketplace – a popular destination on the Dark Web for trading in illicit goods and services, including cyberattack tools and stolen data.

This week, they were able to commandeer and take offline underpinning infrastructure such as servers, plus install a takedown banner in place of a working website, all while seizing $25 million (€23 million) in funds in the process.

“The illegal marketplace was a Russian-language Darknet platform that had been accessible via the Tor network since at least 2015,” according to a Tuesday statement from Frankfurt’s public prosecutor (ZIT) and Germany’s Federal Criminal Police Office (BKA). “Their focus was on trading in illegal narcotics. In addition, data spied out worldwide, forged documents and digital services were offered profitably via the platform.”

Security firm Elliptic said that it confirmed the seizure, which occurred on April 5 in a series of 88 transactions amounting to 543.3 BTC, according to a post about the Hydra crackdown on Tuesday. It also said that since its inception, Hydra has pulled in around $5 billion

Read More: https://threatpost.com/authorities-hydra-dark-marketplace/179240/