Feds cuff suspected bosses of underworld Empire Market

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

Could this be curtains for Dopenugget and Zero Angel's $430M cyber-crime souk?

The two alleged administrators of Empire Market, a dark-web bazaar that peddled drugs, malware, digital fraud, and other illegal stuff, have been arrested on charges related to owning and operating the illicit souk.

"Thousands of vendors advertised goods and services for sale on Empire Market, including controlled substances, compromised and stolen account credentials, stolen and counterfeit credit card information, and counterfeit currency, among others," according to court documents [ All users made purchases using cryptocurrency, and Empire Market could only be accessed using"specialized anonymizing software" by which the Feds mean Tor – Empire Market operated as a hidden service with a .onion address.— aka tumbling services — when trading to prevent the cops from linking their spending to what would appear to be illicit purchases. According to the court documents:

During the investigation and subsequent arrests, federal law enforcement seized cryptocurrency valued at $75 million along with cash and precious metals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chapel Allerton Market: Bustling Leeds market to welcome shoppers into new space after expandingA bustling monthly market in Leeds is set to unveil its exciting expansion this Sunday (June 2).
Source: LeedsNews - 🏆 48. / 63 Read more »