Crackdown on Darknet Crypto Continues in Eurasia

[lingriiddd]

The takedown of RAKS is part of a broader trend targeting illicit crypto exchanges in Eurasia. Following Hydra’s 2022 shutdown, fragmented markets created demand for laundering channels. RAKS filled this gap until authorities intervened. Law enforcement efforts this year have included shutting down Monero-based darknet markets and major fentanyl markets with support from Binance.

[EmTeam]

Crackdown in Eurasia
Authorities dismantled RAKS, a laundering hub that rose after Hydra’s 2022 fall.
Part of wider action: Monero darknet markets & fentanyl markets taken down with Binance’s help.

[Nahid Hossen]

RAKS busted
Police shut down crypto exchange RAKS, which thrived after Hydra’s collapse.
This year’s raids show a coordinated push against laundering & darknet drug markets. ️