Taiwanese man Rui-Siang Lin was sentenced to 30 years in a New York court for running Incognito Market, a dark web drug marketplace that made over $105 million in sales. The platform sold large amounts of cocaine, meth and fake prescription pills, causing at least one confirmed death.

Archetyp, the largest dark web drug market, was shut down after international raids, marking a major blow to online crime. Over five years, it processed $250 million in transactions using Monero. Authorities seized $7.8 million in drugs, hardware, and cryptocurrency.

The US DOJ has seized $7.74 million laundered by North Korean operatives who used stolen US identities to secure remote blockchain jobs and bypass KYC checks. The funds were funnelled back to support the regime’s weapons programme.

US authorities seized 145 domains and crypto linked to BidenCash, a dark web marketplace accused of selling over 15 million stolen credit cards and earning $17 million. The site promoted itself by leaking card data to attract cybercriminals.

Behind the scenes of the darknet’s most infamous marketplace, billions in crypto change hands each year—lining the pockets of those who built Hydra with eye-watering annual profits of over $1.3 billion.

As global darknet crypto sales tumble, Russia’s Kraken market is bucking the trend—posting a 68% surge in 2024 and cementing its status as the world’s new darknet powerhouse, according to fresh Chainalysis data.

A San Francisco man has been sentenced to federal prison for his role in laundering drug money using Bitcoin, following an operation that sold MDMA on the dark web.

The US OFAC has identified the marketplace operated by Iran-based Behrouz Parsarad as a hub for illicit activity, enablling the sale of drugs, counterfeit identification documents, and hacking tools.

Stanislav Moiseev, founder of the Hydra darknet market, and 15 accomplices have been sentenced to prison for operating the illicit platform and crypto mixer. Hydra facilitated over $5 billion in cryptocurrency transactions before its closure.

In Russia, individuals using cryptocurrency are increasingly hiring arsonists and other criminals on the dark web, with some perpetrators as young as teenagers. This trend raises an important question: are young people being lured into the realm of crypto-driven crime?