dark web, darknet, darknet marketplaces, Drugs, Forum, Illegal Drugs, National Crime Agency, United Kingdom

The string of dark web gangs being cracked down by law enforcement is still alive across the world. Recently, the British authorities dismantled an unnamed dark web band known for selling ecstasy and gathering millions of dollars worth of crypto.

Gang Sold Ecstasy, Amphetamine, and Diazepam in Several Darknet Forums

According to The Independent, the National Crime Agency (NCA) deployed an operation that targeted several houses in North East England, specifically in the metropolitan borough of South Tyneside.

Authorities were concerned and raised red flags last year after intercepting large shipments of ecstasy. All parcels had as final destinations like the United States, Israel, Norway, Thailand, Hong Kong, Malaysia, and even the UK, said the NCA.

Also, law enforcement traced encrypted messages exchanged between suspects, who allegedly talked about illegal transactions with drugs and money laundering via cryptocurrency trading.

The NCA seized 90 kg of ecstasy, 134 kg of amphetamine, and over 6,000 Diazepam tablets. Per the authorities, all the products have a value in the dark market of around 4.3 million pounds ($5.9 million).

Findings suggest that the gang didn’t have a website for selling the drugs. Instead, they relied on undisclosed dark web forums and used usernames such as HundredsUK, Hundredsandthousands, Sundaefundae, and 100and1000s.

US Authorities Assisted in the Operation

Moreover, investigators found that drugs were imported from the Netherlands. As a result of the operation, British police arrested two men aged 24 and 31 in South Tyneside allegedly involved in the criminal organization.

Martin Clarke, NCA operations manager, gave further details on the operation:

Still, darknet market revenues have maintained bullish steam despite the recent efforts from officials taking down major illegal marketplaces.

As Bitcoin.com News reported in February 2021, darknet markets brought in a total of $1.7 billion worth of cryptocurrencies in 2020, setting an all-time high.

What do you think about this British police action? Let us know in the comments section below.

RELATED NEWS

Paypal to Expand Its Crypto Services Offering to the UK

Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.†Results With the Paypal Crypto Services Have ‘Exceeded’ Expectations in the US During Paypal’s Investor Day 2021 […]

Xem chi tiết: Paypal to Expand Its Crypto Services Offering to the UK

Paypal to Expand Its Crypto Services Offering to the UK

Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.†Results With the Paypal Crypto Services Have ‘Exceeded’ Expectations in the US During Paypal’s Investor Day 2021 […]

Xem chi tiết: Paypal to Expand Its Crypto Services Offering to the UK

Darknet Market Joker’s Stash Retires After Raking in $1 Billion in Cryptocurrencies

One of the largest darknet marketplaces for selling identity data and stolen credit card information, Joker’s Stash retired last month after making off with a cool $1 billion in cryptocurrencies. Weeks ago, U.S. and European officials seized some of the web portal’s servers tied to Joker’s Stash site, but were unable to completely shut operations […]

Xem chi tiết: Darknet Market Joker’s Stash Retires After Raking in $1 Billion in Cryptocurrencies

Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record

Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020 According to the Chainalysis 2021 Crypto Crime Report, darknet markets […]

Xem chi tiết: Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record

Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments

A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.†Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia During an interview with The Guardian, Martin, who was the head […]

Xem chi tiết: Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments

Indian Crypto Exchange Buyucoin Hacked, Sensitive Data of 325K Users Reportedly Leaked

Indian cryptocurrency exchange Buyucoin has reportedly been hacked and sensitive data of about 325,000 users has reportedly been leaked onto the dark web. According to reports, the leaked data includes personal information, encrypted passwords, user wallet details, order details, bank details, PAN numbers, passport numbers, and deposit histories. Indian Cryptocurrency Exchange Hacked Buyucoin, a Delhi […]

Xem chi tiết: Indian Crypto Exchange Buyucoin Hacked, Sensitive Data of 325K Users Reportedly Leaked

Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin

The longest-running marketplace for stolen credit cards on the darknet has announced the shutting down of its services. The administrator of Joker’s Stash, founded in 2014, stated that the site would be taken down in February. Site Generated Over $1 Billion in BTC ‘Over the Past Years,’ Claims a Security Research Firm According to the […]

Xem chi tiết: Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels†expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from both regions have been facing […]

Xem chi tiết: Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested

UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach

Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

FBI Needs a Dark Web, Crypto Strategy, DOJ’s Inspector General Says

FCA Registration U-Turn Still Leaves Costs for UK Startups

Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin

Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020

Darknet Market Crypto Revenues Hit All-Time Highs in 2020

Other Articles