• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Abacus Market Shuts Down: Possible Exit Scam or Law Enforcement Action?

user avatar

by Giorgi Kostiuk

5 hours ago


Abacus Market, once the largest marketplace for Bitcoin users in the West, shut down in July. The reasons for its disappearance remain unproven.

Closure of Abacus Market

The Bitcoin-friendly dark web market Abacus Market vanished from the internet in July 2025. TRM Labs suggests the operators likely closed the site and fled with customers' funds in a classic exit scam. Some experts believe law enforcement may have secretly seized the servers, though no agency has claimed credit for the closure.

User Issues

Signs of trouble started emerging in June. Users complained they could not withdraw funds. The site's administrator, known as 'Vito', posted on the Dread forum blaming the delays on a surge of new users from the closed Archetyp Market and DDoS attacks. However, the community became increasingly skeptical as Bitcoin deposits saw a drastic decrease from $230,000 a day to just $13,000 over a few weeks.

Future of the Dark Web

The closure of Abacus Market raises questions about the future of the dark web. Following the shutdown of ASAP Market in July 2023 and the seizure of Incognito Market in March 2024, Abacus's market share rose to over 70%. However, its prominence could have attracted the attention of law enforcement due to high volumes and a substantial user base.

Nevertheless, activity on the dark web rarely wanes. The evolution of the marketplace continues, despite the closures of significant platforms like Abacus.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Hungarian Legislation Imposes Criminal Penalties for Cryptocurrency Trading

chest

Hungary has implemented laws imposing prison sentences of up to eight years for unauthorized cryptocurrency trading, creating regulatory uncertainty.

user avatarGiorgi Kostiuk

How MiCA Regulation Impacts the European Crypto Market and Its Players

chest

MiCA regulation brings benefits to both crypto exchanges and customers in Europe, enhancing investor protection and simplifying compliance.

user avatarGiorgi Kostiuk

XRP Price Forecast: Breakout vs Bitcoin Sparks Trader Optimism

chest

Crypto Michael's analysis of XRP breakout against Bitcoin: key levels and community reaction.

user avatarGiorgi Kostiuk

Pepe Coin: Surge in Interest and Nearly Half a Million Addresses

chest

Pepe Coin emerges as the third most popular meme cryptocurrency amid a surge in investor interest.

user avatarGiorgi Kostiuk

Venga Expands Reach with Catalan and Spanish Language App

chest

Venga has launched its mobile app in Catalan and Spanish, offering users access to DeFi and crypto services.

user avatarGiorgi Kostiuk

Ripple Turns Away from Banks, Focusing on Decentralized Solutions

chest

Ripple decides to move away from banks, focusing on decentralized financial solutions and new use cases for XRP.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.