A few months back, we wrote about how AlphaBay, the infamous dark web marketplace, has returned. For those who missed the history lesson, the original AlphaBay was closed down in 2017 following a joint law enforcement operation, which resulted in the arrest of one of the marketplace’s founding members, Alexandre Cazes (AKA “alpha02”). However, another co-founder, “DeSnake,” eluded the grasp of the authorities at the time.
Return of DeSnake
(Go ahead, sing it like . You’re welcome.)
In a dramatic twist, DeSnake emerged in August 2021 and announced the resurgence of AlphaBay, purportedly verified as the one true DeSnake with a PGP key as proof. DeSnake claimed in the PGP signed message that the dark web marketplace was lacking in quality and professionalism and that AlphaBay needed a worthy legacy. And though the marketplace looks like the original, some big promises have come attached. AlphaBay touts a cash app slots defense system: “AlphaGuard.” This process, reportedly developed from the ground-up, purportedly ensures that users can withdraw funds and settle disputes, even if all servers hosting AlphaBay were seized. The site has been rebuilt with allegedly cash app slots code; according to the site’s FAQ, “not a single line of code or code logic has been reused since the 2014-2017 period”. These are only part of a complete remodeling, with bulletproof hosting, improved physical security measures, and, crucially, a long-term plan.
DeSnake wants AlphaBay to be the top dog and sets out three main goals: (Drum roll please!)
- AlphaBay aims to be the industry standard for innovation, security, and professionalism.
- Longevity. DeSnake aims to run the market for at least three times as long as AlphaBay’s first lifecycle, which would total nine years.
- To lead the charge in a long-term project to decentralize dark web marketplaces.
All three of these objectives form an overarching motivation to create a completely anonymous, autonomous, decentralized network. This network would be more extensive than AlphaBay, and would allow other marketplaces to function on it–it’s important to note here that DeSnake states that they could retain control of their sites’ functioning. According to the FAQ, a portion of the profit AlphaBay makes through sales on its site will pay for full-time developers to work on the project. This all forms part of the AlphaBay Roadmap, as you can see above.
Out with the old, in with the cash app slots
Since remerging, AlphaBay has shown intent to be a long-term enterprise in a market often dominated by short-term projects. It sells the same illicit goods but has added bells and whistles designed to lure would-be vendors and buyers. This all seems quite professional, right? As it turns out, this follows the ongoing trend that cybercriminals are becoming increasingly organized, sophisticated and capable. This is not cash app slots, and cash app slots Shadows has consistently reported on this. AlphaBay will need to be cautious in its growth to make it out of its infancy.
Most importantly, it needs to attract buyers and sellers. To do that, it must be seen as a safe marketplace to trade on, especially in a criminal world often known for its distrust and cynicism. This may take some time, given the history of AlphaBay. Time will tell. Stay tuned for more reporting!
As always, if you’re curious about the goings-on of dark web forums and marketplaces, the criminal underground in general, or even the malware and techniques in use, you can always take Searchlight for a , or, contact us to .