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The Hacker News - Cybersecurity News and Analysis: Underground Marketplace

DeepDotWeb News Site Operator Sentenced to 8 Years for Money Laundering

DeepDotWeb News Site Operator Sentenced to 8 Years for Money Laundering

January 30, 2022Ravie Lakshmanan
An Israeli national was sentenced to 97 months in prison in connection with operating the DeepDotWeb ( DDW ) clearnet website, nearly a year after the individual pleaded guilty to the charges. Tal Prihar, 37, an Israeli citizen residing in Brazil, is said to have played the role of an administrator of DDW since the website became functional in October 2013. He  pleaded guilty  to money laundering charges in March 2021 and agreed to forfeit the illegally amassed profits. DDW, until its seizure in May 2019, ostensibly  served  as a "news" website that connected internet users with underground marketplaces on the dark web that operate via darknets such as Tor, enabling the purchase of illegal firearms, malware and hacking tools, stolen financial data, heroin, fentanyl, and other illicit materials. Prihar, acting in cohorts with co-defendant Michael Phan, 34, of Israel, provided direct links to illegal marketplaces and in return for advertising these links, reaped substantia
Authorities Take Down World's Largest Illegal Dark Web Marketplace

Authorities Take Down World's Largest Illegal Dark Web Marketplace

January 12, 2021Ravie Lakshmanan
Europol on Tuesday said it shut down DarkMarket, the world's largest online marketplace for illicit goods, as part of an  international operation  involving Germany, Australia, Denmark, Moldova, Ukraine, the U.K.'s National Crime Agency (NCA), and the U.S. Federal Bureau of Investigation (FBI). At the time of closure, DarkMarket is believed to have had 500,000 users and more than 2,400 vendors, with over 320,000 transactions resulting in the transfer of more than 4,650 bitcoin and 12,800 monero — a sum total of €140 million ($170 million). The illegal internet market specialized in the sales of drugs, counterfeit money, stolen or forged credit card information, anonymous SIM cards, and off-the-shelf malware. In addition, the months-long intelligence operation also resulted in the arrest of a 34-year-old Australian national near the German-Danish border over the weekend, who is alleged to be the mastermind behind DarkMarket. According to  The Guardian , DarkMarket came to
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