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Law Enforcement Seizes Dark Web Market After Moderator Leaks Backend Credentials

Saturday May 4, 2019. 08:00 AM , from Slashdot
German police, together with Europol and law enforcement agencies from the US, the Netherlands, and France, have seized the servers of a dark web marketplace known as the Wall Street Market, on which users sold illegal products such as drugs, weapons, user credentials, and hacking tools, ZDNet reported Thursday. From the report: The site's seizure comes after a tumultuous two weeks for the Wall Street Market (WSM) and its users, during which the site's administrators have exit-scammed -- ran away with over $14.2 million worth of cryptocurrency from users and vendors' accounts. In this midst of all of this, one of the site's moderators -- named Med3l1n -- began blackmailing WSM vendors and buyers, asking for 0.05 Bitcoin (~$280), and threatening to disclose to law enforcement the details of WSM vendors and buyers who made the mistake of sharing various details in support requests in an unencrypted form. It is unclear if these extortion attempts succeeded, but days later, Med3l1n published the IP address (located in the Netherlands) and login credentials for the WSM backend on Dread, a Reddit-like community for dark web users. The IP address is in the same network range of another IP address that leaked from the Wall Street Market backend two years ago. Further reading: Feds Bust Up Dark Web Hub Wall Street Market.

Read more of this story at Slashdot.
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