CyberNews Briefs

Law enforcement seizes dark web market after moderator leaks backend credentials

Dark web marketplace Wall Street Market (WSM), which was used for the sale of narcotics, arms, malware and other illicit goods and services, has been taken down in a collaborate effort by Europol and law enforcement agencies from the US, Germany, the Netherlands and Romania.

It is unclear to what extent the successful operation will really make a difference because the marketplace was no longer functional. The site’s administrators pulled an exit scam on users last week, disappearing with $14.2 million in user funds. However, one moderator was apparently trying to take advantage of vendors and buyers even after that by threatening to reveal personal information supplied to the marketplace unless people paid a fee of 0.05 Bitcoin (~$280). Eventually the moderator did expose the personal details of users by publishing the IP address of the WSM backend server with matching login credentials on an underground forum.

Read more: Law enforcement seizes dark web market after moderator leaks backend credentials

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