#MyTradingStyle The United States and Europol have shut down Archetype, the largest darknet drug market, following extensive raids and the seizure of large amounts of user data. Archetype was known for using the cryptocurrency Monero (XMR) for all its transactions, with a trading volume exceeding $250 million over five years. Despite the complexity of darknet drug markets, international cooperation between law enforcement agencies from several countries, including Germany, the Netherlands, Spain, Sweden, Romania, and the United States, contributed to the closure of this market. The arrest of the site’s administrator reflects growing international efforts to combat cybercrime and money laundering on the darknet. Although the activity of some older markets has declined, illegal trade on the darknet remains active, prompting governments to strengthen their cooperation to address these challenges.
