Dark Web Markets Servers Wall Street Market and Valhalla have been seized by law enforcement agencies in Germany and Finland, and suspects have been arrested in Germany, the US and Brazil.
Both platforms were very popular for the offense of illegal goods, one for being among the largest and the other for its long-standing activity that impressed a trust strap.
Vendors could sell almost everything, with the largest category of "drugs", but malware or counterfeit documents were also available.
One of the oldest dark web markets is falling
Valhalla Market was one of the oldest markets on the dark path, and lies behind the Tor network. It shows over 30,000 products with some statistics. The activity started in October 201
The Finnish customs (Tulli) took a while after February in collaboration with the French national police and law firms in other countries and Europol Valhalla server and completed their round.
In the wake of the closure, the suppliers fled to other dark web markets, and the Wall Street Market was one of them. An announcement from the Finnish authorities informs that the operation led to a significant bitcoin cryptocurrency being intervened.
It is unclear how the authorities were able to take control of the server when Valhalla admins were convincing about the security of funds and operations.  For example, there was a time when they made the website URL more, and they also set up a bug-bounty program – like other marketplaces that are now down, which gave rewards for reporting new issues.
The Finnish authorities are in the first phase of the investigation and keep the silence about details.
The imminent fall of the water market
Although the government had not been about to take down the Wall Street Market (WSM), the market was obliged to disappear. However, another course would probably not have thrown suppliers into the hands of law enforcement.
Three alleged WSM administrators between the ages of 22 and 31 planned to run with the money being blocked for current transactions between customers and vendors when the German authorities arrested them on April 23 and 24.
The illegal market was not the trio's first business of this type. Previously, the group has played a German-based, dark web marketplace that turned off in 2016.
To follow the plan, the admins stuck the maintenance platform, but on April 20, users suspected the exit scams when a WSM admin had not contacted for nearly three days, but the crypto course moved from the escrow wallet.
In addition to this, a WSM support / community manager called Med3l1n (Marcos Paulo De Oliveira-Annibale, 29, Sao Paulo, Brazil), which was probably abandoned by fraud, began to extort WSM users who had not encrypted their details when they submitted a support card or dispute request. His prize for deleting the information was BTC 0.05 (between $ 270 and $ 280 at that time).
Med3l1n also published its details to log into the support panel and the IP address of the market management panel. This information is a blessing for law enforcement, which can use them to access all content stored on market servers.
With servers in Germany and the Netherlands, WSM was the second largest illegal sales platform for drugs, stolen information, fake identification documents and malicious software. It had more than 63,000 product listings and attracted more than 5400 merchants. The number of registered customer accounts was over 1,150,000.
All transactions were in Monero or Bitcoin cryptocurrency and the Trade Commission for Admins was between 2% -6% of sales value.
While these events were being developed, several law enforcement agencies from the US and the Netherlands had already begun to investigate, and in March, the leaders of three German citizens pointed out.
The survey paused when the VPN connection one of the administrator used to log on to WSM failed and the true IP address became visible, thus revealing their particular location. On May 2, law enforcement was moved to shut down the illegal operation.
The Prohibited Offenses
The Bundeskriminalamt who led the investigation, worked with several agencies to close the WSM and arrest the individuals allegedly in charge of the market.
The effort involved the US Drug Enforcement Administration, the Federal Bureau of Investigation, the US Internal Revenue Service, the US Homeland Security Investigations, the US Postal Inspection Service, the US Department of Justice, the Dutch National Police (Police), Europol and Eurojust.
Seeking the three suspects' homes, seized the German authorities over € 550,000 in cash, Bitcoin and Monero currencies in 6-digit amounts, "several luxury cars, computers, storage stations, and a firearm.
A Europol spokesperson confirmed to BleepingComputer that the information about the seized cryptocurrency is not the result of a conversion to fiat.
Th means that the suspects had at least 100,000 units of Monero and Bitcoin, the former converting to over $ 6.7 million; the latter rounds to $ However, it is unclear whether the six figure refers to entities of both cryptocurrencies.
An alleged WSM user kept track of the transactions that went out of the WSM escrow wallet and noted that the total amount received at the address was BTC 9,498 (over $ 53 million).
Blockchain provides another value for total funds received, BTC 2,567 to $ 14,5 million. This is because blockchain explorers count received transactions differently.
Investigators believe that the money held in deposit is about $ 11 million. The three German nationals face charges both in their country and in the United States
Three others arrested in the United States and Brazil
Apart from the alleged WSM operators, Med3l1n was also arrested and the Brazil police raided homes. He was identified from details again in forum posts and old online photos.
The survey of WSM administrators allowed the authorities to name two top suppliers on WSM, Platinum45 and Ladyskywalker. Both are located in the US and operated on several marketplaces, informs DoJ.
Acting on a search warrant in their home, government found millions of dollars in cash, drugs and a variety of weapons.