Dark web marketplace White House Market shuts down

guest · Oct 4, 2021

Dark web marketplace White House Market shuts down
October 4, 2021
https://therecord.media/dark-web-marketplace-white-house-market-shuts-down/

The operators of White House Market, a dark web underground marketplace for the trade of illegal goods, have shut down their operation last week with a “We are retiring!” message, almost exactly two years after the portal launched.

“We have reached our goal and now, according to plan, it’s time to for us to retire,” the WHM administrator wrote on the site’s homepage and in a Dread thread, in a message cryptographically signed with their GPG key.
The site, which operates like an Amazon and eBay-like market, disabled the registration of new accounts and the posting of new listings following their retirement announcement.

Sellers were also told to prepare to move their listings and products to other dark web markets.
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White House Market shuts down two years after it launched
Launched in October 2019, the White House Market was only accessible via the Tor network. According to a counter on its home page, WHM claimed it had almost 895,000 registered users, 3,450 vendors, and nearly 47,500 listings.

While the site was used for advertising a wealth of illegal products, WHM was primarily known for its narcotics section, with most sellers operating across European territories.
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Other products sold on the site included carding, malware, and counterfeiting-related services, but also military-grade gear, such as weapons, body armor, jamming equipment, and secure communications gear, according to ads seen by The Record.
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guest · Nov 3, 2021

Darkweb Tries to Fill the Void After White House Drug Market Shut Down
November 1, 2021
https://www.technadu.com/white-house-drug-market-shut-down-darkweb-fill-void/310061/

White House dark web market shut down a month ago, just two yeas after it started.

Resarchers estimate the owners might have made over $5 million and $1.3 million.

Other markeplaces are expected to take up the demand and cover for the created void.

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With the White House Market shutting down last month, experts expect new online marketplaces to rise up to fulfill the demand. They expect that these new online drug markets will borrow certain elements of White House Market’s operational process and working standards, including high-grade Pretty Good Privacy (PGP) encoding and prioritizing hard-to-trace currencies such as Monero.
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The owners and operators of White House Market, one of the Darkweb’s biggest drug markets, declared on October 1, 2021, that they would be shutting down, much to the shock of the Darknet users. These anonymous operators did say they may come back some time soon, but this possibility seems slim.

When it closed, WHM had 900,000 users – with over 326,000 active users and 3,000 vendors
The online marketplace appeared in August 2019, and while it has not reached the same level of popularity as Silk Road or AlphaBay, it was still one of the largest. At present, it is unknown how much money was made by WHM’s owners and operators until they shut down.
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However, the drug marketplace is not a place for an easy retirement, and WHM’s admins will have to look out for criminal prosecution. This has been the case with all major drug markets of the past, including Silk Road, AlphaBay Hanza, and all others.

At present, a newly re-established AlphaBay seems to be the strongest contender for taking up WHM’s user and seller base. It is now run by DeSnake, one of the original AlphaBay’s admins. This market will probably take up a major part of WHM’s share, while other smaller markets will take up the rest.
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Dark web marketplace White House Market shuts down

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