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Joker’s Stash darknet marketplace raises $ 1 billion in bitcoin and announces closure

Joker’s Stash, a darknet platform specializing in the sale of these bank cards, has announced its closure. The site brought the owner over $ 1 billion in bitcoins. This was reported by cybersecurity experts Gemini Advisory.

Joker’s Stash was launched in 2014 and was considered one of the largest darknet trading platforms. An ardent supporter of bitcoin, the owner of the marketplace has repeatedly stated that he stores the proceeds in cryptocurrency.

Over the past six months, activity on the platform has significantly decreased. On December 16, 2020, when entering the marketplace website, a notification about the seizure of the domain by the FBI and Interpol appeared. However, the site was soon resumed.

At the end of October, the data market was disrupted again. Access to the platform was restored after a week.

On January 15, the owner announced on the website that in a month he would close the marketplace and “retire on a well-deserved retirement.” Analysts do not exclude that the decision is due to the recent surge in the price of bitcoin.

Gemini believes that exiting the Joker’s Stash business will not affect the shadow economy of banking data, as in the case of Silk Road.

Recall that at the end of December, the darknet marketplace White House Market stopped supporting the first cryptocurrency and began to accept payments only in Monero (XMR).

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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