German authorities seize the server infrastructure and $25 million in bitcoin. Hydra Market was a Russian-language marketplace that had operated via the Tor network since at least 2015. Authorities said the market was being used for criminal transactions, money laundering and
Highlights
- German authorities say they seized Hydra’s server infrastructure and about $25 million in bitcoin.
- Hydra Market was a Russian-language marketplace that had operated via the Tor network since at least 2015.
- Authorities said the market was being used for criminal transactions, money laundering and abundant sales of illegal narcotics.
- The market’s 17 million known customers were also known to buy and sell forged documents and stolen credit cards, they said.
- The U.S.
- Treasury Department sanctioned the company, along with a virtual currency exchange based in Estonia, in addition to the seizure of Hydra’s servers and bitcoin.