Content
Understanding Darknet Markets
The two charts below show which markets Hydra’s previous counterparties used the most in both of those two time periods. The color of the lines show the former Hydra users’ category of activity and the thickness of the lines show the proportion of their activity flowing to new markets after Hydra was shut down. Sanctioning the various actors in the global cryptocurrency laundering and cashout ecosystem has caused disruptions for these services. At the same time, the takedown of Hydra Market pushed cryptocurrency cash-out providers onto other platforms. However, as long as these actors are not apprehended, the market seems to be able to heal itself and adapt.
The term darknet markets refers to online platforms that operate on the darknet, a part of the internet that is not indexed by traditional search engines. These markets often facilitate the buying and selling of illicit goods and services, including drugs, weapons, and stolen data. The use of cryptocurrencies often adds a layer of anonymity for transactions.
In light of recent busts, however, dark web operators have increased their vigilance and are scrutinizing applicants more thoroughly. These days, you often have to pass stringent verification and vetting processes to join a forum. Admins may require references from other members or verification tokens from other trusted forums. Some forums and dark web marketplaces now require a substantial cryptocurrency down payment to even get access to their services. In the face of increasing law enforcement activities, cyber criminals are increasing their security accordingly rather than exiting the cybercrime business. Dark web marketplaces are fertile ground for cybercriminals who use them to expand their network, activity, supplies, and knowledge of various criminal fields.
- Again, watches are represented most, followed by forgeries and “Other”.
- As such, the trading of illegal goods online has become more commonplace and vast dark web marketplaces have been created.
- The anonymity of the dark web is also a big benefit for whistleblowers submitting sensitive information to news outlets.
- On some cybercriminal forums, the Hydra related topics were closed by moderators.
- It first became active in early July 2020, with deposit volumes so low it appeared to be less of a darknet market and more a personal operation.
Following Hydra’s demise, Flashpoint found that a pro-Ukrainian faction had migrated to RuTor, backed by marketplace OMGOMG – aka OMG! – while a pro-Russia faction embraced WayAWay/Kraken, which isn’t affiliated with the legitimate San Francisco-based cryptocurrency exchange of the same name. Volteface is an independent research and advocacy organisation, that seeks to reduce the harm drugs pose to individuals and society, through evidence-based policy reform. If you picture the internet in terms of an iceberg, then the surface web, where we are right now, would form the tip of that iceberg. Accounting for just 4% of the entire web, the surface web is the portion with which people are most familiar.
Card shops are a category of darknet market where users can purchase stolen credit card information. That’s why many law enforcement agencies have shifted their focus to arresting individual vendors. Vendors on Hydra also offered services such as “Hacking for Hire,” “Ransomware as a Service” (“RaaS”), and a myriad of money laundering features.
What Darknet Markets Are Available?
Ranklez and alpha02 had a history in the carding community as Ranklez sold alpha02 fullz for conducting identity theft. As recently as last year, a California Court sentenced Brian Herrell, a Colorado native and AlphaBay moderator who operated under the moniker “Botah” to 11 years in prison for racketeering and for his connections to AlphaBay. Upon his initial arrest, reports suggested he faced up to 20 years for his involvement in the marketplace. In 2016, an angry user of AlphaBay known as “Kinger” stated that alpha02 had left the market in late 2015, sold his stake to DeSnake, and DeSnake was supposedly acting as admin for its final two years. Kinger’s ominous threat suggested they knew his real life identity and his citizenship was actually Dutch. They worked closely with a “security administrator” and second in command known as DeSnake, or simply “DS” for short.
Several darknet markets have gained notoriety, each with its own unique features and operational styles. Here are some notable options:
Agora Marketplace, perhaps the most trusted of the modern darknet markets, seems from every indication to be doing brisk business. (Most darknet markets take a commission of every sale made via its services.) Within minutes of downloading the Tor brower and finding a referral code, I was able to quickly skim through hundreds of listings of everything from shotguns to barbiturates. Credentials of many online services which include banking, telco, social media networks and many more are being listen in the darknet markets. Figure 9 shows some of the listings of compromised accounts being sold at a darknet market.
- AlphaBay: Once one of the largest darknet markets, it was taken down in 2017. It has since resurfaced under new management.
- Silk Road: The original darknet market, known for its extensive range of drug offerings, was shut down in 2013, but its legacy continues to influence newer platforms.
- Dream Market: This market was known for its user-friendly interface and large selection of products, although it has since ceased operations.
- Empire Market: Despite its rise to popularity, it has also experienced shutdowns but has remained operational under various aliases.
- Torrez: A relatively new player in the darknet market scene, it boasts a diverse range of products and a focus on security.
Features of Darknet Markets
Different darknet markets offer various features that appeal to users:
- Escrow Services: Many markets provide an escrow system to protect buyers and sellers during transactions.
- User Reviews: Feedback systems help users evaluate the reliability and quality of vendors.
- Encryption: Strong security measures ensure that user data and transactions are kept private.
- Cryptocurrency Payments: Most transactions are conducted using cryptocurrencies, enhancing anonymity.
Common Questions About Darknet Markets
What types of products can be found on darknet markets?
Darknet markets commonly offer:
- Drugs
- Hacking tools
- Stolen goods
- Counterfeit items
Are darknet markets legal?
Darknet Market List 2022
Accessing darknet markets is not illegal, but buying or selling illegal goods and services is against the law in most jurisdictions.
How can I access a darknet market?
To access a darknet market, users typically need to:
- Install the Tor browser to maintain anonymity.
- Find a reliable link to the desired market, usually available on forums or through word-of-mouth.
Risks Associated with Darknet Markets
Engaging in activities on darknet markets carries various risks:
- Law Enforcement Action: Many undercover operations target users and vendors on these platforms.
- Scams: The anonymous nature of transactions can lead to fraudulent activities.
- Security Risks: Using these markets may compromise personal data if not conducted with care.
In conclusion, while there are numerous darknet markets available, potential users should weigh the risks and legality associated with engaging in these platforms. Always conduct thorough research and practice safe browsing habits if exploring this hidden side of the internet.
