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What do shadow market administrators want for non-disclosure of data?
Dark network Incognito Market, known in narrow circles as a place where you can get any drugs, announced a massive blackmail of its users, threatening to publish data on transactions in cryptocurrencies and correspondence of those who refuse to pay the ransom.
The buyout amounts range from $100 to $20,000, and the announcement itself came shortly after the market administration conducted an "exit scam", blocking the withdrawal of funds for millions of dollars.
So, on the main page of Incognito Market, there is now a message saying that the records of those sellers who refuse to pay for their own privacy will soon be publicly disclosed. The market owners claim that they have accumulated more than 557,000 orders and 862,000 crypto transaction IDs, which they plan to publish at the end of May.
The administration's report also mentions the creation of a" white list " for buyers who want to delete their transaction records, which will become possible in a few weeks. However, whether it is possible to believe intruders is a question for long reflection.
The situation is also aggravated by the fact that shortly after the blackmail announcement, many users reported that they were unable to withdraw funds from their accounts.
A Cointelegraph publication on March 6 indicates that Incognito is conducting an "exit scam", depriving users of their bitcoins and deposits in Monero. At the same time, the market administration first lied about the reasons for the problems with the withdrawal of funds, blaming the recent changes in the withdrawal system, and only then revealed its insidious plans to everyone.
Incognito Market is mainly engaged in the sale of drugs, and now many users are probably concerned about the possibility of being exposed as drug dealers.
The main page of the site lists sellers who "protected the privacy of their customers"
The double blackmail technique used by Incognito Market resembles the tactics of modern ransomware groups that first hack into their victims ' systems, steal confidential information, and then demand a ransom for data recovery and a promise not to publish the stolen data.
The repurchase rate for sellers on Incognito Market depends on their status within the market. For example, Tier 1 sellers can exclude their information by paying as little as $100, while large tier 5 sellers are asked to pay $20,000.
Past cases clearly show that such fraudulent schemes are commonplace for dark markets that have existed for too long and have not been closed by law enforcement agencies.
When criminals themselves want to "get out of the game", they do it as effectively and vividly as possible, leaving in the sunset with millions of dollars that other criminals voluntarily transferred to the platform, assuring it of its reliability and integrity.
Dark network Incognito Market, known in narrow circles as a place where you can get any drugs, announced a massive blackmail of its users, threatening to publish data on transactions in cryptocurrencies and correspondence of those who refuse to pay the ransom.
The buyout amounts range from $100 to $20,000, and the announcement itself came shortly after the market administration conducted an "exit scam", blocking the withdrawal of funds for millions of dollars.
So, on the main page of Incognito Market, there is now a message saying that the records of those sellers who refuse to pay for their own privacy will soon be publicly disclosed. The market owners claim that they have accumulated more than 557,000 orders and 862,000 crypto transaction IDs, which they plan to publish at the end of May.
The administration's report also mentions the creation of a" white list " for buyers who want to delete their transaction records, which will become possible in a few weeks. However, whether it is possible to believe intruders is a question for long reflection.
The situation is also aggravated by the fact that shortly after the blackmail announcement, many users reported that they were unable to withdraw funds from their accounts.
A Cointelegraph publication on March 6 indicates that Incognito is conducting an "exit scam", depriving users of their bitcoins and deposits in Monero. At the same time, the market administration first lied about the reasons for the problems with the withdrawal of funds, blaming the recent changes in the withdrawal system, and only then revealed its insidious plans to everyone.
Incognito Market is mainly engaged in the sale of drugs, and now many users are probably concerned about the possibility of being exposed as drug dealers.
The main page of the site lists sellers who "protected the privacy of their customers"
The double blackmail technique used by Incognito Market resembles the tactics of modern ransomware groups that first hack into their victims ' systems, steal confidential information, and then demand a ransom for data recovery and a promise not to publish the stolen data.
The repurchase rate for sellers on Incognito Market depends on their status within the market. For example, Tier 1 sellers can exclude their information by paying as little as $100, while large tier 5 sellers are asked to pay $20,000.
Past cases clearly show that such fraudulent schemes are commonplace for dark markets that have existed for too long and have not been closed by law enforcement agencies.
When criminals themselves want to "get out of the game", they do it as effectively and vividly as possible, leaving in the sunset with millions of dollars that other criminals voluntarily transferred to the platform, assuring it of its reliability and integrity.
