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$ 0.000121 5.94%

Is Dream Market really dark-web or a Bitcoin FBI-honeypot?

dark web

In the investigation span of almost 2 years, authorities have successfully detained 3 men. The criminal inquiry revealed Sinmed-a drug-dealing storefront operational on Dream Market.

Stocks of drugs were confiscated in the sting. Drugs include Xanax, Fentanyl-laced heroin and methamphetamine. The dealers provided drugs in return for Bitcoins (BTC). Confiscation was termed significant by the district prosecutor.

The inquiry was the part of the FBI’s major operation including Europol and other law executing organizations. Though Sinmed is not precisely cited in the FBI’s video tweet. Because the bureau claimed to have made tens of detentions in its other organized law executing the operation.

The onslaught of prohibited drug markets has raised the suspicions that Dream Market is now negotiated by consultants. After recent arrests, Dream Market has professed of going offline in the near future.

The official website’s homepage was swapped with a declaration stating that the firm was transporting its facilities to a co firm with a different address.

The crypto experts are assuming that Dream Market and its partner firm are actually honeypots set up by global establishments. Honeypots trail unlawful actions on the deep web.

Users have withdrawn BTC owing to the aggravating reservations of government intrusion. Experts have hypothesized that it was a law execution approach to trail Bitcoin exchanges. Since today, no substitute for Dream Market has appeared promoting gossips.

There seems to emerge a trend of law execution aiming at such market places, same as it was done in July 2018 in the case of Alpha-bay.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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