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

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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.

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