AlphaBay Market was a market that was hosted on the Dark Web accessible only via the onion routing service known as Tor network. On 13th July 2017, AlphaBay was shut down after law enforcement executed Operation Bayonet against it in the United States, Canada, and Thailand. The Dark Web site was said to have been making anywhere from $300 – $500 million a year.
AlphaBay was launched in 2014, it had over 250,000 listings and at least 200,000 users globally. The site’s daily transactions averaged over $800,000, this was the highest daily turnover the dark web had seen, far surpassing sales figures previously seen on the Silk Road which was probably the most famous Dark Web market.
The alleged founder, Alexandre Cazes, a Canadian citizen born on 19 October 1991, was found dead in his cell in Thailand several days after his arrest; suicide is suspected.
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