The Infamous AlphaBay Darknet Has Come Back

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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.

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