Operation against Nemesis Market: confiscated infrastructure of a darknet market

Authorities Confiscate Nemesis Market Server Infrastructure

German and Lithuanian authorities have successfully carried out an operation to confiscate the server infrastructure of the darknet market Nemesis Market, which engaged in illegal activities such as drug trafficking, cybercrime, and ransomware operations.

Action Against Nemesis Market

The operation was successful in shutting down the illegal operations and confiscating around 94,000 euros worth of cryptocurrencies. However, no arrests have been made so far in connection with this operation.

Nemesis Market Activities

Nemesis Market was accessible through the Tor network and was involved in a wide range of criminal activities, including drug trade, fake data sales, ransomware, phishing, DDoS attacks, and other cybercriminal services.

Established in 2021, the platform gained popularity, attracting over 150,000 users and more than 1,100 seller accounts worldwide, with 20% of the accounts originating from Germany.

International Cooperation in the Operation

The operation was carried out as part of international cooperation, with the involvement of German, American, and Lithuanian law enforcement agencies, including the FBI, DEA, and IRS-CI, working together since October 2022.

Consequences and Further Investigations

The data secured during the operation will serve as a basis for further investigations against the platform’s sellers and users, potentially leading to more actions against criminal activities in the online underground.

Previous Actions Against Cybercrime

German authorities have previously taken actions against similar platforms, such as Crimemarket and Kingdom Market, demonstrating law enforcement’s commitment to combating cybercrime and illicit online trade.

It is worth emphasizing that global law enforcement agencies are increasingly joining forces to eliminate criminal activities in cyberspace, marking a significant step in the fight against cybercrime.