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    Home»Security»German police confiscated Hydra servers and seized 543 BTC
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    German police confiscated Hydra servers and seized 543 BTC

    AdministratorBy Administrator05.04.2022No Comments1 Min Read
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    The German Federal Criminal Police (BKA) has confiscated the German servers of the Hydra darknet marketplace.

    As part of the international operation, 543 BTC were also seized with a total value of about 23 million euros.

    German police confiscated Hydra servers and seized 543 BTC

    Data: BKA.

    An investigation is ongoing into previously unknown Hydra operators and administrators. They are suspected of commercially exploiting criminal online marketplaces, providing an opportunity for the unauthorized purchase and sale of drugs, and money laundering.

    The investigation into the case has been ongoing since August 2021 with the participation of the US authorities.

    Recall that Hydra accounted for 75% of all dark web revenue in 2020. The platform entered the top 10 platforms in terms of cryptocurrency turnover, beating the Kraken, OKX and Poloniex exchanges.

    The US authorities suspect that funds from Hydra were laundered, including through the Suex cryptocurrency exchange and Chatex Telegram bot.




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