March 22, 2024 at 12:19PM
German police seized infrastructure for the Nemesis Market cybercrime marketplace in Germany and Lithuania, disrupting the site’s operation. The platform allowed illegal transactions, except for child abuse material, contract killings, weapons, and Fentanyl-based substances. Investigations began in October 2022, involving multiple agencies. Recent seizures of similar darknet marketplaces by German authorities are also noted.
Summary of Meeting Notes:
– German police and cybercrime units seized infrastructure for the darknet Nemesis Market in Germany and Lithuania on March 20, 2024, taking down the website and confiscating approximately $100,000 in cash.
– Nemesis Market, launched in 2021, facilitated the purchase of illegal drugs, stolen data and credit cards, as well as cybercrime services related to ransomware, phishing, and DDoS attacks. It prohibited the sale of child abuse material, contract killing services, weapons, and Fentanyl-based substances.
– Investigations into Nemesis Market started in October 2022, involving German, Lithuanian, and American agencies. The seized data will be used in ongoing investigations.
– Recent successful busts by German authorities include ‘Crimemarket’ and ‘Kingdom Market,’ with several arrests in each case.
– Notably, a previous bust in April 2022 involved the disruption of the world’s largest darknet market, Hydra, with 17,000,000 members and 19,000 registered sellers.
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