Coindesk Logo

Dark Market Evolution Vanishes With $12 Million in Bitcoin

Dark Market Evolution Vanishes With $12 Million in Bitcoin

Dark Market Evolution Vanishes With $12 Million in Bitcoin

AccessTimeIconMar 18, 2015, 1:27 PM
Updated Aug 18, 2021, 3:45 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Notorious dark web marketplace Evolution has vanished amid reports that its administrators have absconded with more than $12m in bitcoin.

Accessible only via the Tor network, the market had become the go-to online drug bazaar following the shut down of Silk Road and Operation Onymous, a pan-agency crackdown on illicit markets that seized over 400 domains in November.

Members of the darkweb community expressed concerns about Evolution's moderators – operating under the handles 'Kimble' and 'Verto' – who were delayed responding to and processing withdrawal requests.

Reddit's Evolution discussion page was also awash with claims that the site's administrators had blamed the delays on a backlog of withdrawals, reassuring worried vendors that the issue would be resolved within 24 hours.

However, the Evolution marketplace and its user discussion forum went offline shortly after, indicating the possibility that the administrators had taken the money and dissapeared.

Reddit user NSWGreat, who previously claimed to handle the site's public relations, said: "Evolution can officially be put on the Wall of Shame. Verto and Kimble have [expletive] us all."

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.