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Germany Knocks Down the 2nd Largest Market in the Dark Web

In Germany, the authorities have managed to put an end to the Wall Street Market, the second largest market in the world of the dark web, in which drugs, stolen data and malware are commercialized.

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In Germany, the authorities have managed to put an end to the Wall Street Market, the second largest market in the world of the dark web, in which drugs, stolen data and malware are commercialized.

Halfway between myth and reality, the ‘dark web’ is considered a dream scenario for buying and selling all kinds of illegal items. There are few who have entered the dark side of the Internet to find drugs, weapons, viruses and stolen data at a good price and, supposedly, safely and not traceable.

But also in those parts the authorities operate, aware of the risks that these practices entail for society as a whole.

The last example of this is found in the operation carried out by the German authorities this week, when they were able to end the second largest illegal market in the world on the ‘dark web’, the Wall Street Market.

On this platform there was a constant trade in drugs (including cocaine, heroin, cannabis and amphetamines), stolen data, false documents and malicious software. The Wall Street Market was exclusively accessible through the Tor network in the so-called ‘dark web’ and had more than 63,000 products sold, more than 1,150,000 customer accounts and more than 5,400 registered sellers.

To process the payments, users of the online market used Bitcoin and Monero cryptographic currencies. It is said that the alleged market managers have received commission payments of 2 to 6 percent of the value of the sales produced in the environment of this illegal trade.

This operation led by the German authorities has culminated in the arrest of three suspects and, as part of the house searches carried out, police officers seized more than 550,000 euros in cash, along with Bitcoin and Monero cryptocurrencies in six-digit quantities, several vehicles and other evidences such as computers and data storage systems.

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