Cops in Germany Bust Up Hydra Darknet Marketplace

Jordanian women human rights defenders targeted with Pegasus spyware, Hackers compromised 319 MailChimp accounts, The Works in UK forced to shutter stores in face of cyberattack, more

Apr 05, 2022

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Check out my latest CSO column, which delves into the State Department’s creation of the new Bureau of Cyberspace and Digital Policy.

In cooperation with U.S. authorities, German law enforcement shut down the Hydra Market platform, which they say was the biggest illegal darknet marketplace, seizing 23 million euros ($25.2 million) worth of Bitcoin.

The Russian-language Hydra Market platform was used for drug trafficking and money laundering and in 2020 alone had sales on 1.2 billion euros, the Frankfurt prosecutors’ anti-cybercrime unit said. Prosecutors said they seized 543 Bitcoin in total. (Karin Matussek / Bloomberg)

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