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Gone Without A Trace: Darknet Bitcoin Platform Vanishes In Suspected Scam

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Abacus Market, one of the biggest Bitcoin-powered darknet bazaars in the West, has gone offline without warning. According to TRM Labs, its clearnet mirror, website and wallets all vanished at once. Users first reported trouble withdrawing funds in late June. Then deposits […]

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Largest Bitcoin Darknet Marketplace Abacus Market Vanishes in Suspected Exit Scam

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Abacus Market, the largest Bitcoin-powered darknet marketplace in the Western world, has abruptly gone offline in what appears to be an exit scam. Key Takeaways: Abacus Market, the largest Bitcoin-based darknet marketplace, has gone offline in a suspected exit scam. Withdrawal issues blamed on a DDoS attack matched typical exit scam patterns. In June, US

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Russian Investigators ‘Seized .2M Worth of Crypto from Hydra Darknet Server Chief’

Russian Investigators ‘Seized $8.2M Worth of Crypto from Hydra Darknet Server Chief’

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Russian investigators confiscated crypto worth around 649 million rubles ($8.2 million) from the wallets of Dmitry Pavlov, the 35-year-old self-confessed server mastermind behind the Hydra darknet portal. The Russian newspaper Izvestia reported that documents unveiled in court this month confirmed law enforcement officers have frozen and seized coins from Pavlov’s crypto wallets. Hydra Darknet Server

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