News

U.S. targets Russia’s darknet and illegal bitcoin in major crackdown

There are more sanctions coming for Russia’s darknet and a crypto exchange

The U.S. Treasury Department imposed harsh sanctions to crackdown on Russia-based darknet market site and a cryptocurrency exchange.

The Moscow and St. Petersburg based sites are responsible for most illegal activity in cyberspace.

The Treasury Department described Hydra as the world’s “largest and most prominent darknet market”

The Department says they’re sending a clear message to criminals that “you cannot hide on the darknet or their forums”

The new sanctions block anyone in the U.S. from making or receiving funds, goods, or services to Hydra or the crypto exchange known as Garantex.

This is part of an international crackdown on malicious cybercrime, drugs and ransomware activity that come from Russia.

Up next
Exploring Xiโ€™anโ€™s Tang Dynasty through modern technology

Alicia Relinque Eleta explores Xi'an's ancient history through modern technology and AI in a fascinating cultural journey

Read the story →
Ticker Today takes a daily view of the world of news, politics and business.With Ahron YoungWhisky & Suits explores law, property finance and business over fine whisky.With Imran Khan and Chris ChristofiThe Founders Method explores practical lessons and systems for entrepreneursWith Jonathan Byrt and Jesse LeeworthyThe Connector explores property and urban growth across Australia and the UK.With Belinda CoateThe Property Playbook delivers research-led insights for property investors.With Tim Graham and Terry RyderState of Hospitality explores the challenges facing Australia's hospitality.With Jeremy KoadlowBuying Power helps young professionals enter property and build lasting wealth.With Victor and Reshmi KumarThe Airport Economist explores global trade, business and economic outlooks.With Tim HarcourtMedia Movers explores the trends shaping Australia's media and global news.With James ManningBroker Business explores strategies to build, grow and sustain a business.With Rex AfrasiabiMoney Matters explores practical financial strategies to build lasting wealth.With Dr Steven EnticottBeyond Education explores the ideas and technology shaping future learning.With Greg CampitelliTicker Air explores the latest aviation news, travel trends and developments.With Ahron YoungEarly Years Dialogue explores the issues shaping Australia's early learning.With Paul MondoMarkets and Machines explores AI, regulation and trends shaping the markets.With Chris BergSocial Intelligence explores how social media and AI transform our daily lives.With Dr Karen SutherlandThe AI Edge explores how artificial intelligence reshapes the world economy.With Brad Gastwirth

More from Ticker

Watch

More in News

View all →