On April 5, 2022 the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced sanctions against “the world’s largest and most prominent darknet market, Hydra ...

Hydra accounted for 80 percent of all darknet market-related cryptocurrency transactions last year, according to the U.S. Justice Department. Since 2015, the marketplace allegedly received $5.2 ...

The servers of Hydra Market, the most prominent Russian darknet platform for selling drugs and money laundering, have been seized by the German police. The police were also able to seize 543 ...

In 2021, Hydra accounted for an estimated 80% of all darknet market-related cryptocurrency transactions, Since 2015, the marketplace has received approximately $5.2 billion in cryptocurrency.

Abacus Market, once the biggest Bitcoin‑friendly dark web shop for Western buyers, vanished from the internet in July.

In 2021, Hydra accounted for about 80% of all darknet market-related cryptocurrency transactions, and since 2015, it has received approximately $5.2 billion in cryptocurrency, according to the ...

The seizure of Hydra also saw the capture of 543 bitcoins from the market, currently worth about $25 million. Founded in 2015, Hydra Market is claimed to have had a darknet market share of around 80%.

The downfall of Hydra led to an entire market revenue decline, Chainalysis says. In 2021, total revenue of darknet shops (mostly drug dealing websites) was $2.6 billion; in 2022, it fell to $1.3 ...

The market has been accessible via the darknet since 2015, with its revenue growing from 10 million the following year to $1.3 billion in 2020, according to U.S. officials.

On April 5, 2022, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) sanctioned Hydra, one of the world’s largest darknet marketplaces, and GARANTEX, a virtual ...

WASHINGTON, April 5 (Reuters) - The U.S. Treasury Department imposed sanctions on Tuesday on a prominent Russia-based darknet market site and a cryptocurrency exchange that it said operates ...

Hydra accounted for 80 percent of all darknet market-related cryptocurrency transactions last year, according to the U.S. Justice Department. Since 2015, the marketplace allegedly received $5.2 ...