Treasury sanctions Iranian national behind defunct Nemesis darknet marketplace

Summary: The U.S. Treasury Department sanctioned Iranian national Behrouz Parsarad, the administrator of the darknet marketplace Nemesis, one year after its takedown through law enforcement efforts. The platform was used for illegal narcotics sales and had facilitated nearly million in drug transactions globally. Despite its closure, Parsarad is reportedly planning to establish a new marketplace to fill the void left by Nemesis.

Affected: U.S. Treasury Department, Nemesis Darknet Marketplace

Keypoints :

• Behrouz Parsarad was identified as the sole administrator of the Nemesis marketplace.
• The platform had over 150,000 users and offered drugs, compromised data, and cybercrime services.
• The Treasury identified 49 blockchain addresses associated with Parsarad for money laundering operations.
• Law enforcement continues to ramp up actions against darknet marketplaces to combat drug trafficking and cybercrime.