Dutch police have conducted a long-term investigation into “the largest and longest-running international dark web marketplace in world history,” resulting in the arrest of two administrators and theft of 8 million euros ($8.7 million). It was revealed that it had been confiscated. Cipher.
The marketplace consisted of two organizations, Bohemia and Cannabia, and offered users the ability to purchase malware and DDoS attacks, as well as a drug marketplace that primarily sold cannabis. According to Dutch authorities, “never before have police discovered a dark web market of this size.”
Police say the marketplace hosts 82,000 ads per day, facilitates 67,000 transactions per month, and generated 12 million euros ($13.1 million) in revenue in September 2023 alone. It is said that
The investigation began in 2022, and the market collapsed in late 2023. Committed “departure fraud”. According to Bleeping Computer, various service interruptions and a feud with a “rogue developer” contributed to the collapse.
Read more: Dark web drug site Incognito Market threatens to lock out users who paid with cryptocurrencies
One of the administrators, a 20-year-old from the UK, was arrested at Schiphol Airport on June 27, and his electronic devices and Bitcoin access keys were seized.
The other man, a 23-year-old Irish man, was arrested by Irish authorities in August last year. Collectively, The two earned 5 million euros ($5.46 million). Operates the site.
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