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Wall Street Market (WSM), one of the largest darknet markets, has been reported to be down for several days. This has caused concern among its users, who are unable to access their accounts or make any transactions.
- Quickly find deep web Market Onion Links/URLs to use on the Dark Web.
- Two of the world’s most notorious darknet markets have been disrupted as part of.
- Freedom Road resident was saved from being scammed out of money by a Walgreens employee who told her to call the police when she attempted to buy a number of prepaid gift cards.
- The major darknet marketplace known as the Wall Street Market has been seized and its alleged operators arrested in a joint operation between European and U.S. authorities.
Reasons for the Outage
An alleged WSM user kept track of the transactions seeping out from the WSM escrow wallet noting that the total amount received to that address was BTC 9,498 (over $53 million). While these events unfolded, multiple law enforcement agencies from the U.S. and the Netherlands had already started investigating and in March the leads pointed to three German nationals. All transactions were in Monero or Bitcoin cryptocurrency and the trading commission for the admins was between 2%-6% of a sale’s value.
The anonymity of the payment was ensured by using Bitcoin and Monero cryptocurrencies. It was a prolific business for the Wall Street market operators that were keeping for them a fee of two to six percent of the sales value. The Tor-based marketplace had more than one million registered accounts, more than 5,000 registered sellers and more than 60,000 sales offers. Three German men alleged to be administrators of the site were arrested, while a fourth man – a Brazilian who, prosecutors said, acted as an online mediator for the website – was arrested in Brazil. Signs of the dark market seizure first appeared Thursday when WSM’s site was replaced by a banner saying it had been seized by the German Federal Criminal Police Office (BKA).
The exact reason for the outage is still unknown. However, some users have speculated that it could be due to a maintenance update, a server issue, or a which darknet markets are up possible exit scam. The latter is a common occurrence in the darknet market scene, where market administrators suddenly disappear with users’ funds.
Ulbricht was eventually arrested by US law enforcement and Silk Road was seized and taken offline. 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. A few weeks before the Wall Street Market’s servers were seized by law enforcement authorities, Med3lin exposed the underground marketplace’s server’s location by posting the Wall Street Market’s backend login credentials and IP address on Dread. The login credentials provided admin level access to the Wall Street Market, which in turn, would allow anyone the ability to determine the identity of users and vendors, as well as gather information on the site’s activities. “Cryptomarkets open and close all the time, and since Silk Road’s closure in 2013, we’ve seen over 100 come and go,” he said.
“The majority close in exit scams, and less than 20 have been closed by law enforcement. Even when markets get seized, the most skilled vendors adopt techniques that mitigate the threat of arrest, such as laundering bitcoins and encrypting messages.” In today’s announcement, Catherine De Bolle, Europol’s executive director, said coordination was essential in the effort to stop the online trade of illicit goods and services, highlighting the closure of a second darknet marketplace, Silkkitie. German police have shut down one of the world’s largest illegal online markets in the so-called dark web and arrested the three drugs black market men allegedly running it, prosecutors said on Friday. Over the past several years, police have pursued dark web marketplaces — which promise untraceable, anonymous transactions through the Tor network — by taking down their creators and sowing paranoia about their operations. In some cases, they’ve even secretly hijacked platforms and kept them running, harvesting details about buyers and sellers for further arrests. Servers of dark web marketplaces Wall Street Market and Valhalla have been seized by law enforcement agencies in Germany and Finland, and suspects have been arrested in Germany, the U.S. and Brazil.
Barely a week after Wallstreet Market — one of the largest remaining illegal online marketplaces in the vein of the Silk Road — went into a suspicious maintenance mode, German authorities have seized the site and arrested its alleged operators. Oh, and law enforcement says the three individuals now in custody not only ran the site, but were in the processes of exit-scamming when they were busted. Although these types of stories leave a negative impression of the dark web, there is plenty of legal and positive activity that the dark web gives you darknet market access to. The Dark Web Links how to buy drugs online – Dark web sites, Darkweb url,Deep dark web,,Darkweb list,Today you want to access the dark web and looking right resource to access the darkweb then visit here to get a grand list of working deep web links of hidden service on the darknet. Torrez Market (stylized ToRReZ Market) made its debut in February 2020, which means it’s a fairly novel darknet market. Compliant financial institutions, crypto exchanges, and other platforms that facilitate crypto transactions also use blockchain analytics tools to monitor and potentially block transactions flowing to or from darknet marketplaces.
Alternatives to Wall Street Market
While Wall Street Market is down, users can consider alternative darknet markets such as Dream Market, Berlusconi Market, and Empire Market. These markets offer similar products and services, and users can easily transfer their funds from WSM to these markets using cryptocurrency.
Conclusion
It is still unclear when Wall Street Market will be back online. In the meantime, users are advised to exercise caution when using alternative darknet markets and to always use a reliable VPN and antivirus software to protect their privacy and security.
Note:
The darknet market scene is constantly changing, and users should always stay up-to-date with the latest news and developments
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Is Dream Market shut down?
On March 24, 2019, a banner was added to the Dream Market site announcing its shutdown on April 30, 2019, with the addition that it “is transferring its services to a partner company” followed by an . onion link.
Is Silk Road still up?
Does the Silk Road Still Exist Today? The Silk Road, as it was before being taken down in 2013, no longer exists. However, the dark web is still operating, and most things found on Silk Road are available via various venues. Authorities continue to crack down on illegal operations.
Who created the dark web?
The dark web is known to have begun in 2000 with the release of Freenet, the thesis project of University of Edinburgh student Ian Clarke, who set out to create a “Distributed Decentralised Information Storage and Retrieval System.” Clarke aimed to create a new way to anonymously communicate and share files online.
Why is it called Silk Road?
The Silk Road was a vast trade network connecting Eurasia and North Africa via land and sea routes. The Silk Road earned its name from Chinese silk, a highly valued commodity that merchants transported along these trade networks. Advances in technology and increased political stability caused an increase in trade.
