Darknet Disaster: Hydra is Fall Breaks the Pipelines of Cybercrime

Hydra

HydraHydra: The world’s largest Russian language darknet was shut down by German police

Hydra the world’s largest and oldest Russian language darknet marketplace that facilitated the trafficking of illegal drugs as well as financial services including cryptocurrency for money laundering between cryptocurrency and Russian rubles was seized by German authorities in coordination with U.S. law enforcement. And also announced criminal charges against one of Hydra Market’s alleged operators with conspiracy to distribute narcotics including heroin, other opioids, cocaine, etc.

The US Department Of Justice said that German Federal Criminal Police seized cryptocurrency wallets containing $25 million in bitcoin from the hydra marketplace. According to the US DOJ, Hydra Market, whose users were primarily in Russian-speaking countries, last year accounted for what is estimated to have been 80% of all darknet market-related cryptocurrency transactions. And in 2015, Hydra Market received about $5.2 billion in cryptocurrency for transactions on the site.

 

Hydra: The darknet marketplace:

The hydra market also facilitated sales of false identification documents, hacking tools and services, and money laundering services for bitcoin. And specialized in same-day ‘dead drop’ services, where drug dealers hide packages in public places before informing customers of the pick-up location.

The secure delivery methods protect you from potentially dreadful consequences, while the rough nature of the market in Russia deters vendors from scamming their customers. As always, when visiting any darknet market make sure to only use trusted links, such as the onion link for Hydra Market on the top right.

Hydra had obtained an indictment against a resident of Russia, 30-year-old Dmitry Olegovich Pavlov, for conspiracy to distribute narcotics and conspiracy to commit money laundering, in connection with his operation and administration of the servers used to run Hydra marketplace.

The hydra darknet website was a bastion of cybercrimes, surviving for more than six years selling drugs and illegal goods. In the past six months, many high-profile darknet markets have shut down but Hydra was seemingly impervious to police attempts to stop it.

The Hydra website launched in 2015 selling drugs, forged documents, hacked materials, and illegal digital services such as Bitcoin-mixing – which cyber-criminals use to launder stolen or extorted digital coins. These sellers are located in Russia, Ukraine, Belarus, and Kazakhstan.

Hydra Market has listed RAMP, IKLAD, SOLARIS, BLACKMARKET, and RuSilk as previous competitors. It launched an aggressive advertisement campaign on YouTube as well as other websites and reportedly conducted DDoS attacks on its competition.

The US DOJ says 17 million customers and more than 19,000 seller accounts were registered on the marketplace, which now carries a police seizure notice. After the German action was announced, the US Department Of Justice issued sanctions against Hydra “in a coordinated international effort to disrupt proliferation of malicious cybercrime services, dangerous drugs, and other illegal offerings available through the Russia-based site.

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