German Police Take Down Kingdom Market Dark Web Marketplace

By Phil Muncaster for Infosecurity Magazine
Thursday, December 21, 2023

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The German authorities have announced the takedown of a notorious dark web marketplace known for selling drugs, malware and other illegal items.

However, ImmuniWeb CEO, Ilia Kolochenko, argued that sporadic arrests and takedowns of this sort are rarely enough to push back the tide of cyber-enabled crime.

“A considerable number of seized hacking forums or marketplaces resurrect almost intact a few weeks after the seizure under a similar or new identity. Illicit trade continues, while new admins and operators of underground resources take even better precautions to hinder investigations by law enforcement,” he added.

“Amid global geopolitical uncertainty, many cybercrime groups safely operate from non-extraditable jurisdictions in absolute impunity. Payments of ransoms in cryptocurrencies remain largely untraceable and immune to seizure.” Read Full Article