Until recently, AlphaBay Market was the largest marketplace on the Darknet. It provided an outlet for buyers and sellers of illegal goods and services, including drugs, stolen data, malware, hacking tools, weapons, child pornography and freelance assassination services.
But, earlier in the month it was confirmed that AlphaBay Market was shut down after authorities in the United States, Canada and Thailand performed several raids, which resulted in the arrest of Alexandre Cazes. Cazes was reportedly one of the operators behind the AlphaBay Market. Though Cazes was a resident of Canada, he was arrested by law enforcement in Thailand where he owned three houses and four cars. Law enforcement seized “four Lamborghini cars and three houses worth 400 million baht ($11.7 million) in total.” Cazes, however, hanged himself using a towel.
Launched in 2014, AlphaBay was considered the “the new Silk Road” and became one of the most prominent darknet marketplaces. Last week, Dutch police announced they had shut down and dismantled another major darknet marketplace, Hansa Market. Dutch authorities kept the market running for a month while recording thousands of its transactions. The international investigation was undertaken in concert with Europol, the FBI and authorities in Germany and Lithuania. Read More