The United States sanctions NemesisDarknet market encryptionAddress

Odaily Planet Daily News The United States has imposed sanctions on Behrouz Parsarad, an Iranian operator of the Darknet market Nemesis, and his encryption Address. Since its establishment in 2021, the market has been used to sell illegal items such as drugs, fake documents, and Hacker resources. The sanctioned assets include 44 Bitcoin Addresses and 5 Monero Addresses, which have received over 850,000 US dollars. As the encryption currency prices rise, the total amount has exceeded 1.6 million US dollars. After the sanctions, US citizens are prohibited from trading with Parsarad and its holding companies. Before the joint law enforcement operation in the United States, Germany, and Lithuania seized the servers, Nemesis had 30,000 active users and thousands of sellers, with built-in money laundering functions. It is estimated that Parsarad made millions of dollars in profits and is still trying to rebuild its operations. Despite increased law enforcement actions, Darknet markets generated over $1.7 billion in revenue in 2024. Russian Darknet markets dominate the market due to low law enforcement risks, with several Darknet markets already shut down in early 2024.