"German Authorities Shut Down Online Marketplace for Drugs, Data and Cybercrime Services"
German authorities recently announced that they have taken down a major online marketplace for drugs, cybercrime services, and fraudulently obtained credit card data. Investigators seized the Nemesis Market platform’s server infrastructure in Germany and Lithuania and cryptocurrency worth 94,000 euros ($102,000). The authorities noted that the seizure followed an investigation in cooperation with the FBI, the U.S. Drug Enforcement Administration, and Internal Revenue Service Criminal Investigation. The authorities said the platform was active on the darknet, a part of the internet accessible only through specialized tools that provide more anonymity. It was founded in 2021 and had over 150,000 user accounts and over 1,100 seller accounts worldwide, nearly 20% of the latter in Germany. The site offered drugs, fraudulently obtained data and goods, and cybercrime services, including ransomware, phishing, and distributed denial-of-service attacks (DDoS).