Established in 2021, our platform implements advanced privacy protections including mandatory PGP encryption and multi-signature escrow systems. The closure of AlphaBay represented a massive victory for law enforcement agencies, but it also illustrated a persistent challenge they face in the continuously evolving landscape of cybercrime. While AlphaBay’s takedown was a step in the right direction, it did not extinguish the demand for illegal goods and services on the dark web.
Law enforcement agencies, including the Federal Bureau of Investigation (FBI), DEA, and Europol, monitored and dismantled criminal activity on the platform, leading to the arrest of high-profile vendors, administrators, and even some individual users. While DarkOwl generally avoids engaging in or commenting on speculative darknet drama, there are several things about the re-emergence of AlphaBay and DeSnake that don’t add up. The new AlphaBay market’s Tor service has been unstable since its launch, with frequent 503 errors, user registration issues, and login timeouts. After almost two months of operation, the market has a handful of vendors, with only a couple of hundred listings across drugs and fraud goods. DeSnake claims there have been 15,000 user accounts created, 450 vendors registered, and over 400 listings published as of the time of writing.
In the wake of AlphaBay, several trends emerged in the dark web marketplace landscape. While traditional markets began to face increased scrutiny, decentralized options, such as those based on blockchain technology, gained traction. Creating a more resilient tapestry of platforms, decentralization proved appealing as it lacks a single point of failure, which means that shutting down one platform does not necessarily lead to the collapse of the entire market.

Topics And Products Sold
Below, we highlight two standout platforms—Alphabay and Abacus—based on their performance, security, and market influence as of February 2025. These markets exemplify the evolution of cryptomarkets, offering robust ecosystems for anonymous trading. A comprehensive resource on leading darknet markets of 2025, featuring 10+ top platforms, over 250,000 listings, and $50M+ in monthly volume. Access verified onion links, expert reviews, precise ratings, and current trends for key cryptomarkets such as Abacus, Alphabay, and Torrez. Launched in 2020, Cypher Marketplace sells fraudulent documents, stolen credit cards, fake IDs, and malware.
- While the American and the Thai authorities worked together to shut down AlphaBay, Europol and the Dutch police had secretly infiltrated and taken control over Hansa’s infrastructure.
- With over 25,000 active users and a robust escrow system, Alphabay remains a benchmark for reliability and scale.
- Trying to give the impression of an inexperienced driver, Nueng slowly rolled the car toward a model home and real estate office at the end of the cul-de-sac.
- Finally, Miller worked with postal inspectors to get photos taken by a post office self-service kiosk.
Our Markets – Alphabay Network
Its interface mimicked a traditional e-commerce platform and featured product listings with descriptions, seller ratings, categories, and a shopping cart system. Transactions took place in cryptocurrencies like Bitcoin and Monero, which offered a layer of anonymity for both buyers and sellers. The service on Tor appears to be hosted alongside Dread services and features both the Dread waiting queue and clock-captcha for DDoS protection.
Hansa Investigation
AlphaGuard is a technology that allows users to withdraw funds and the server hosting the market to self-destruct in case of any unexpected changes to any or all of the servers. Only those with administrative access such as DeSnake had the ability to disable it, by entering a key within 72 hours. This was a undercover Europol mission, with shared intel between the Dutch national police, and later with the American authorities. While the American and the Thai authorities worked together to shut down AlphaBay, Europol and the Dutch police had secretly infiltrated and taken control over Hansa’s infrastructure. This essentially led to the creation of a honeypot in the aftermath of the AlphaBay shut down.
Top Markets
But he also found that he admired and envied the prosecutors on the other side of the table—the way they worked in the public interest and possessed a certain autonomy, choosing which cases they would pursue. Shortly before AlphaBay took over the dark web’s top spot, Alpha02 had changed his username on the site to merely “admin” and announced that he would no longer accept any private messages sent to him by anyone other than AlphaBay’s staff. Instead, he left much of the site’s communications work to his second-in-command and head of security, a figure who went by the pseudonym DeSnake. The sunbaked agricultural city in the middle of California had long served as a corridor for cocaine, heroin, weed, and methamphetamine smugglers, as traffickers from the southern border made their way to buyers in the Northwest and on the East Coast. Agents spent their days carrying out undercover buy-and-busts, following trucks packed with dope along Highway 99 and tracking, raiding, and arresting cartel operators.
Microsoft Warns About New Variant Of XCSSET Malware On MacOS
The AlphaBay darkweb market has come back to life after an administrator of the original project relaunched it over the weekend. An alleged administrator of AlphaBay, 26-year-old Canadian Alexandre Cazes, was arrested in Thailand on 5 July following a joint operation between US, Canadian and Thai authorities. “We recorded an eight times increase in the number of human users on Hansa immediately following the takedown of AlphaBay,” said Mr Wainwright. Hansa was frequently mentioned, meaning that the authorities were likely able to uncover new criminal activity on Hansa as users migrated to it from AlphaBay. The US Department of Justice (DoJ) said that illegal drugs listed for sale on AlphaBay included heroin and fentanyl. “We know of several Americans who were killed by drugs on AlphaBay,” said US Attorney General Jeff Sessions.

Operation Bayonet (darknet)
It supports operations in multiple languages and operates on both clearnet and Tor. This article reveals the top 10 dark web markets dominating in 2025, their unique characteristics, and the critical implications for enterprise cybersecurity. That humble starting point was fine with Miller, who had little idea of how the dark-web drug trade even worked. When Rabenn asked Miller to start making undercover heroin buys, he couldn’t figure out how to buy bitcoins, let alone the drugs themselves. He drove two and a half hours to San Jose to find a physical bitcoin ATM rather than simply use an online exchange. Even then, he discovered that after transaction fees he could purchase only half a gram of heroin instead of the 2 grams he’d planned on.
After AlphaBay closed, Abacus Market took its place as the world’s largest underground darknet marketplaces. Abacus Market quickly rose to prominence by attracting former AlphaBay users and providing a comprehensive platform for a wide range of illicit activities. The marketplace attracted a diverse array of vendors, each offering a unique assortment of items. Various drug categories were prominent, including narcotics like cannabis, cocaine, and methamphetamine.

DeSnake’s eagerness to launch AlphaBay with increased security measures, like AlphaGuard and a decentralization project—an effort to sidestep whatever operational security Cazes blundered, eventually leading to his detainment—was met with some skepticism. The top performers in darknet marketplaces for 2025, excelling in trade volume, vendor ratings, and market influence. Criminals flocked to these dark markets because the cryptocurrency was widely believed to be anonymous and untraceable.

Incognito Market added two-factor authentication to strengthen privacy across its 20,000+ listings. Alphabay rose to prominence with 400,000+ users and $600M yearly trades, ending in a 2017 bust. In 2014, Rabenn began forming his dark-web strike force, inviting local investigators from Fresno’s Homeland Security Investigations and IRS Criminal Investigations offices to join.
In May 2024, Ticketmaster faced a significant data breach affecting millions of customers. Dark web listings surfaced almost immediately after the breach, advertising this information for sale to cybercriminals. Alphabay Market was originally operating from 2014 to 2017 with alpha02 and DeSnake as admins and was the biggest darknet market in history. It was suspected as an exit scam; however, a few days after it had gone offline, it was revealed that AlphaBay had been seized and alpha02, aka Alexander Cazes, was caught. Many are concerned about whether the next available platform will be compromised as well. That has them questioning Dream Market, a dark web marketplace that’s been in business since 2013 and benefitted from the shutdown of rivals.
A slight, 46-year-old agent of the Royal Thai Police with a short, boyish haircut, she wore a white polo shirt and black pants rather than her usual military-style uniform. Both she and the female officer beside her in the passenger seat were working undercover. However, we may receive compensation from retailers and/or from purchases of products through these links. Explore how Brandefense can empower your brand to thrive securely, even in the shadow of the dark web. Reddit users on several r/Dream_Market threads have expressed concerns the website has been compromised in a similar fashion. A user who speculated Hansa had been compromised in a thread posted 10 days before the Department of Justice announced the bust returned on Thursday to warn that Dream Market will suffer the same fate.

Dark Net Markets Comparison Chart
DeSnake repeatedly pointed to their vouches from Dread and old PGP key pasted to Ghostbin, paste site. As recently as last year, a California Court sentenced Brian Herrell, a Colorado native and AlphaBay moderator who operated under the moniker “Botah” to 11 years in prison for racketeering and for his connections to AlphaBay. Upon his initial arrest, reports suggested he faced up to 20 years for his involvement in the marketplace.