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Agence France-Presse

German police have shut down one of the world’s largest illegal online markets in the so-called darkweb and arrested the three men allegedly running it, prosecutors said Friday.
The operation involved Europol, Dutch police and the FBI and also led to the arrests of two major suppliers of illegal narcotics in the United States, they said.
The illicit “Wall Street Market” site enabled trade-in cocaine, heroin, cannabis and amphetamines as well as stolen data, fake documents and malicious software.
The encrypted platform had more than one million customer accounts, over 5,000 registered sellers and more than 60,000 sales offers, Frankfurt prosecutors said.
Hong Kong finds itself a top target of hackers
The site was accessed through the encrypted Tor network to shield customers from detection and transactions were made with cryptocurrencies Bitcoin and Monero.
The operators allegedly received commissions of two to six per cent of the sales value.
German police had on April 23 and 24 arrested the three German suspects aged 22 to 31 in the states of Hesse, Baden-Wuerttemberg and North Rhine-Westphalia.
They also seized servers, over €550,000 (about US$600,000) in cash, and hundreds of Bitcoin and Monero, as well as several vehicles and a gun.
The police operation started after Finnish authorities shut down the illegal Tor trade site Silkkitie (Valhalla) earlier this year, said Europol.
This had led some Finnish narcotics traders to move to the Wall Street Market.
In the United States, an investigation in Los Angeles led to the arrests of two of the highest-selling suppliers of narcotics, and the seizure of illegal weapons as well as millions of dollars in cash, said German authorities.


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Germany

Three detained as German police shut down Darknet criminal trading platform Wall Street Market

The online marketplace was used to trade drugs, documents and malware. Photo: Reuters

Liquidated: cyber police declare war on ‘darknet’ marketplaces

AlphaBay, formerly the internet’s largest darknet site, went offline on July 5. Photo: Reuters

(170720) -- WASHINGTON, July 20, 2017 (Xinhua) -- U.S. Attorney General Jeff Sessions attends a press conference at the U.S. Justice Department in Washington D.C., the United States, on July 20, 2017. The world's largest "dark market" on the Internet, AlphaBay, has been shut down, the U.S. Justice Department (DOJ) said Thursday. (Xinhua/Ting Shen)

U.S. Justice Department image shows a web screen after it had shut down the dark web marketplace AlphaBay, the site accused of allowing hundreds of thousands of people to buy and sell drugs, firearms, computer hacking tools and other illicit goods, released in Washington, DC, U.S., July 20, 2017. Courtesy U.S. Justice Department/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY.

U.S. Attorney General Jeff Sessions speaks during a news conference announcing the takedown of the dark web marketplace AlphaBay, at the Justice Department in Washington, U.S., July 20, 2017. REUTERS/Aaron P. Bernstein TPX IMAGES OF THE DAY

Crackdown on Darknet results in 17 arrests and closure of hundreds of sites selling illegal drugs and weapons

The operation seized virtual Bitcoins, used to carry out transactions, worth US$1m in cash.

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Operation involved Europol, Dutch police and the FBI and also led to the arrests of two major suppliers of illegal narcotics in the United States


Operation involved Europol, Dutch police and the FBI and also led to the arrests of two major suppliers of illegal narcotics in the United States.


Three detained as German police shut down Darknet criminal trading platform Wall Street Market

.css-1mniedq{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;}Operation involved Europol, Dutch police and the FBI and also led to the arrests of two major suppliers of illegal narcotics in the United States

Operation involved Europol, Dutch police and the FBI and also led to the arrests of two major suppliers of illegal narcotics in the United States