US Targets Crypto Addresses Linked to Nemesis Darknet Marketplace
The US government has taken a big step to stop illegal activities on the dark web. It has put sanctions on some crypto addresses linked to the Nemesis darknet marketplace. Let’s find out more about this.
What is Nemesis?
Nemesis was a website where people could buy and sell illegal things. It started in 2021 and was run by a man named Behrouz Parsarad. On Nemesis, you could find drugs, fake IDs, and even hacking services. Before it was shut down, Nemesis had over 30,000 users and 1,000 sellers. It also had ways to hide money from the police.
What are the sanctions?
The US Treasury Department has put sanctions on Behrouz Parsarad and 49 crypto addresses he used. These addresses had 44 Bitcoin and 5 Monero accounts. The sanctions mean that US citizens can’t do any business with Parsarad or his friends. This is part of a bigger plan to stop illegal online marketplaces.
How did Parsarad use crypto?
Parsarad got over $850,000 from illegal activities on Nemesis. He also sent over $12,000 to other darknet marketplaces. He used Bitcoin to hide his money and make it harder for the police to catch him.
What’s next?
Even though Nemesis is closed, Parsarad is planning to start a new darknet marketplace. This shows that these illegal websites are still a problem, and the police need to keep working to stop them.
Why are these sanctions important?
Sanctions against Nemesis and its boss show how hard it is for the police to stop darknet marketplaces. Even when they shut one down, new ones pop up. We need more countries working together to stop these illegal websites.
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