Wall Street Market
| Launched | 2016 |
|---|---|
| Closed | May 2019 |
| Founder(s) | Three operators (German-led case) |
| Network | Tor hidden service (.onion) |
| Currency | Bitcoin |
| Est. revenue | About 4.3 million dollars (est.) |
| Peak size | Over 1 million users claimed |
Wall Street Market was one of the largest European-facing markets before a German-led international operation dismantled it in May 2019, together with Silk Road 3.1 and Valhalla.
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History
Wall Street Market grew quickly to become the largest market aimed at European buyers. Its administrators were identified and prosecuted in Germany, where three operators were eventually convicted.
Operation
The takedown began inside the market itself: its operators had staged an internal exit scam that attracted law-enforcement attention. Investigators used the resulting access to trace the administrators and seize servers.
Downfall
In May 2019 German authorities announced the seizure alongside the takedown of Silk Road 3.1 and Valhalla in the same operation. Several operators were arrested and later sentenced to lengthy prison terms.
Legacy
The Wall Street Market case underscored how often market collapses are caused by internal greed rather than external pressure, and how such internal crimes expose operators to arrest. It also marked the effective end of the European "supermarket" era.