Security News > 2023 > December > German police takes down Kingdom Market cybercrime marketplace

German police takes down Kingdom Market cybercrime marketplace
2023-12-20 14:38

The Federal Criminal Police Office in Germany and the internet-crime combating unit of Frankfurt have announced the seizure of Kingdom Market, a dark web marketplace for drugs, cybercrime tools, and fake government IDs.

The law enforcement operation also included authorities from the United States, Switzerland, Moldova, and Ukraine, while one of the administrators has been arrested in the US. Kingdom Market was an English-speaking marketplace on the dark web with international reach that has operated since March 2021.

The authorities mention that Kingdom Market had tens of thousands of customer accounts and several hundred registered sellers.

On Dread, a Reddit-like darknet forum, users claiming to be members of the now-seized platform mourn the money lost, which they had deposited on Kingdom Market's escrow for future purchases.

With Kingdom Market offline and the chances of its return being slim, other market operators have already taken to Dread to invite sellers to join their platforms.

New cybercrime market 'OLVX' gains popularity among hackers.


News URL

https://www.bleepingcomputer.com/news/security/german-police-takes-down-kingdom-market-cybercrime-marketplace/