Wednesday, 19 July 2017

The largest Dark Web marketplaces "AlphaBay Market" is down.


One of the largest Dark Web black markets is down. We have analyzed many times the popular black market where it was possible to buy any kind of illegal goods, including drugs, malicious code and fake documents.

AlphaBay is considered the largest marketplace on the dark web, competing against the likes of Abraxas, Dream, and Hansa. Operators at the marketplace have continued improving the site by adding new features, including Monero.

On the Internet is circulating the news that administrators of the black market have pulled a classic exit scam to steal users’ Bitcoin.

As per confirmation with "securityaffairs" ,Analyzing the total withdrawal it is possible to verify that admins have transferred 1,479.03904709 Bitcoin (roughly $3.8 Million), which led to suspicion from some users that the site’s admins may have pulled an exit scam to steal user funds. Of course, at the time I was writing this is only a hypothesis, The AlphaBay Market already went down in the past, last year the black market was not accessible for about four days. Also, the blockchain transactions of about $3.8 Million are not enough for AlphaBay moderators to go offline.

The AphaBay marketplace made the headlines early last year when unknowns hacked the website and stole over 200,000 private unencrypted messages from several users.

In March 2015, the largest dark web market at the time, ‘Evolution,’ suddenly disappeared overnight in similar circumstances, operators stole millions of dollars worth of Bitcoins from its customers.