Dark Web’s ‘Evolution Market’ Vanishes
Summary: Evolution Market, a Tor-hidden black market selling drugs and stolen identities, went offline within 24 hours after its administrators - known as Kimble and Verto - reportedly absconded with community bitcoins that some merchants estimate at more than USD $12 million. The operators had delayed withdrawal requests in the days before the shutdown, blamed an influx of requests, promised resolution within 24 hours, and then vanished; volunteer moderators now say the administrators exit scammed.
Bottom line: The escrow system that made Evolution the go-to bazaar after Silk Road's shutdowns put roughly $12 million in virtually untraceable currency under the direct control of two administrators, who also ran the now-defunct Tor Carding Forum. One bitcoin fell 2.04 percent on Mar. 17 to $284.46, and one buyer expected further drops as more Europeans woke up.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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