The Infamous AlphaBay Darknet Has Come Back

Share post:

Findings show that the AlphaBay darkweb market, which ended after law enforcement took it down on July 5, 2017, has been revived by one of its admins currently known as DeSnake.

According to reports, Tom Robinson, co-founder of blockchain analytics firm Elliptic, found DeSnakes’ messages on Darknet, where they introduced themselves as “security administrator and co-founder of AlphaBay.”

While their identity was verified by their original public PGP key from DeSnake, the revived Darkweb market stated in a lengthy, five-part statement released by DeSnake that they want to set new standards for a sustainable model.

They also plan to set up a “professionally-run, anonymous, secure marketplace,” as it aims to create an autonomous and anonymous decentralized market network in which anyone can set up a marketplace.

In addition, DeSnake pointed out that the new AlphaBay was built to last, using secure and tested code, bulletproof servers, and safeguards against hardware glitches, police raids, or seizures.

For more information, read the original story in BleepingComputer.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Cyber Security Today, Week in Review for week ending Friday, March 1, 2024

This episode features a discussion on how hard it is to kill a ransomware gang, Canada's proposed new online harms bill, why organizations still allow staff to use vulnerable software

Healthcare sector “stretched thin” in fight against cyber attacks warns CSO of Health-ISAC

In an interview Errol Weiss talks about the challenges facing hospitals a

Cyber Security Today, March 1, 2024 – Warnings to GitHub users and Ivanti gateway administrators, and more

This episode reports on a recommendation that enterprises drop Ivanti Policy Secure and Connect Secure devices because threat actors can get around mitigations for recent vulne

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways