Skip to content

German Police Shut Down $1.3 Billion Illegal Darknet Firm

  • Law enforcement seized server infrastructure and 543 Bitcoins
  • Hydra Market platform had about 17 million client accounts

German law enforcement shut down what they say was the biggest illegal Darknet market place seizing 23 million euros ($25.2 million) worth of Bitcoin. 

The Russian-language Hydra Market platform was used for drug trafficking and money laundering and in 2020 alone had sales on 1.2 billion euros, the Frankfurt prosecutors’ anti-cybercrime unit said Tuesday. Prosecutors said they seized 543 Bitcoin in total.