German Police have arrested 32 individuals and detained 11 after a series of raids targeting users of an illegal underground economy forum.
According to prosecutors in Frankfurt and Bamberg, the German Police have arrested 32 individuals and detained 11 after a series of raids targeting users of the “crimenetwork.co” illegal underground economy forum.
The operation involved 1,400 agents that raided sites in 15 of 16 states in Germany and in Austria and Poland.
As a result of the raids on 232 sites, the agents have found weapons, drugs, computers, around 50,000 euros ($56,300) in cash, cryptocurrency, the police also seized 300 terabytes of data.
The crimenetwork.co underground forum was an aggregation place for crooks and hackers trading illegal goods and services.
“The raids targeted users of crimenetwork.co, an “underground economy forum that trades almost exclusively in illegal goods and services” according to the Frankfurt prosecutors.” reported the German website TheLocal.
“These include drugs and narcotics, counterfeit money, data including credit card information, forged documents and cash, malware and hacker tools including botnets.”
Local authorities arrested a 26-year-old man suspected to be the administrator of the forum in May 2019 while he was entering Germany.
The investigation is still ongoing, the police are investigating users of the platform since August.
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(SecurityAffairs – hacking, underground forum)
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