German police say they have shuttered Russian darknet marketplace Hydra, which offers stolen credit and SIM cards, VPN access, and cryptocurrency laundering services. The Federal Criminal Police Office of Germany, also called the Bundeskriminalamt – or BKA – also says it has seized 543 bitcoins, worth about $25 million, associated with the marketplace. Hydra, a darknet market catering to Russian speakers, accounted for 75% of the global dark net market revenue last year, according to Chainalysis. Hydra’s 2020 annual turnover of $1.35 billion is “a drop in the ocean” compared to Hydra’s $2 billion in revenue, analyst says.”]
Source: https://www.cuinfosecurity.com/germany-shutters-russian-darknet-marketplace-hydra-a-18836