March 22, 2024 at 11:00PM
German authorities dismantled a major online marketplace for drugs, cybercrime services, and fraudulently obtained credit card data. The Nemesis Market platform’s server infrastructure and 94,000 euros in cryptocurrency were seized in Germany and Lithuania. The platform operated on the darknet and had over 150,000 user accounts and 1,100 seller accounts. The authorities plan to use the seized data for further investigations.
Key Takeaways from Meeting Notes:
1. German authorities have successfully taken down a major online marketplace for drugs, cybercrime services, and fraudulently obtained credit card data called Nemesis Market platform.
2. The server infrastructure of Nemesis Market was seized in Germany and Lithuania, along with cryptocurrency worth 94,000 euros ($102,000).
3. The investigation and seizure involved cooperation with the FBI, the U.S. Drug Enforcement Administration, and Internal Revenue Service Criminal Investigation.
4. The platform operated on the darknet, accessible only through specialized tools, and was founded in 2021 with over 150,000 user accounts and 1,100 seller accounts worldwide.
5. Wares offered on the platform included drugs, fraudulently obtained data and goods, and cybercrime services such as ransomware, phishing, and distributed denial-of-service (DDoS) attacks.
6. The seized data will be used for further investigations and potential legal actions against sellers and users who utilized the platform.
Source: Associated Press – “Germany Shuts Down Darknet Platform Specializing in Drugs”