### #CyberMarketplace #CriminalNetwork #DigitalUnderworld
Summary: German authorities have successfully dismantled Crimenetwork, the largest German-language cybercrime marketplace, leading to the arrest of its administrator, known as ‘Techmin.’ The platform, operational since 2012, facilitated illegal transactions worth approximately €93 million.
Threat Actor: Techmin | Techmin
Key Point :
- Crimenetwork had over 100,000 users and 100 registered sellers, specializing in the sale of drugs, stolen data, and illicit services.
- Transactions were primarily conducted using cryptocurrencies such as Bitcoin and Monero.
- The platform generated significant revenue through transaction fees, subscriptions, and advertisements, with operators profiting at least $5 million since 2018.
- The arrested administrator faces serious charges, including operating a criminal marketplace and narcotics offenses.
Original Source: https://www.bka.de/DE/Presse/Listenseite_Pressemitteilungen/2024/Presse2024/241203_PM_ZIT_Crimenetwork.html
Cyber Law and Cybercrime Investigation Blog: Immuniweb