Germany Shuts Down Russian Dark Web Market Hydra; Seizes $25M in BTC

On Tuesday, April 5th, Germany’s Federal Criminal Police Office (Bundeskriminalamt) announced the seizure and closure of the world’s largest Russian language illegal dark web marketplace, Hydra.

Hydra, a Russian-language marketplace operating on the Darknet, has been shut down by German authorities after Germany’s Central Office conducted an extensive investigation for Combating Cybercrime (ZIT). The US law enforcement authorities also participated in the investigation. 

The investigation was launched in August 2021. The marketplace, identified as Hydra Market, had 17 million customers and 19,000 seller accounts at the time of its shut down by the German police, which is probably the highest turnover among illegal underground marketplaces.

The Frankfurt prosecutor’s cybercrime office and the federal criminal police in Germany also confirmed securing the site’s servers. It is worth noting that Hydra made $1.35 billion in revenue in 2020, according to the police.

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In a press release, investigators

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