Updated February 2nd, 2020
The second largest darknet market is in the midst of an exit scam according to multiple sources that have confirmed the reports to us. Over the past week we received several reports of users deposits not getting added to their accounts and today they locked all vendor accounts which leads to the conclusion that they are now actively scamming users of their funds.
Apollon Market established somewhere in 2018 is a market that offered drugs as well fraud resources for the darkent users. This is the market that is owned by a group known as “Market Spammers” (you can read about them in our news section). As the biggest news website on the dark web, we were approached by them several times but we refused to add their market to our list. Then they used several senior reddit members requesting us to add their market to our list which we reluctantly did although we regret it now.
Early Signs Of Exit Scam
About five to six days ago we started receiving comments about users not getting their deposits added to their accounts. Although we get hundreds of comments everyday from market admins and their competitors, we reject most of them and only approve those that are legit. The comments about deposits not getting added were real. One user said
Deposited funds to verified mirror address for the wallet and was comfirmed 30 times once I logged back in but the address was completely different and the balance said 0 and that no transaction occurred. F**k all markets. Been scammed from them all. Wallstreet, nightmare, tochka, and now f**king apollon
Today all vendors are locked out of their accounts even the vendors that were in vacation mode had their listings turned active to rake as much money from the users as they can. One vendor said
My inactive vendor listing are going active.
Vendor accounts locked, buyer accounts free.
So they generate money.
This guys, is a classic exit scam.
Please don’t buy there anymore.
Another vendor named Shamanuk said
vendor there aswell got locked out of account don’t buy from US ShamanUK
Connection With Dread
This is the third market that has exit scammed while dread – a Reddit-style forum has been mysteriously offline for like 15 days. We revealed 6 months ago that this market is owned by Hugbunter’s group in this Article. Everytime dread is offline, a market exit scams. It isn’t just a random market that goes offline, its their owned market that exit scams, thats because people can’t report the exit scam in its early stage to avoid getting less than expected returns.
You guys think its a coincidence? We don’t think so. Well today we will be publishing a list of market’s that are owned by them, we have fully checked/verified our claim and we will stand by it. This article and the date it was published on will serve as a proof in the upcoming future that will tell we were true again.
Markets Owned By This Group
As you all know that we are the leaders in investigative journalism related to dark web. In the past we have reported about numerous scams and exit scams with pinpoint correction that’s why leading news websites like coindesk, news.bitcoin.com, and cointelegraph posted our articles. We are also the first and only one that have posted a video proof of darknet links website darkfail phishing its users. Whatever we post, we investigate it first and we stand by it because we know the truth and we believe its our responsibility to share it with our users.
This time is no exception too. We have investigated this group for the last 8 months and we know how they operate? How many markets they own? How many people this group consists of? How they launder their proceeds? But this will be revealed in our next article. Today we will let our users know with 100% confidence and guarantee that following markets are own by them and these will exit scam as soon as they reach to a mid size market level. So here they are
- Avaris Market (It is their main market now)
- Whitehouse Market
- Versus Market
- Cannahome & Monoply Market (although these are their side projects but still we needed to share it with you so that you know these are also owned by them)
The conclusion is clear. We will see a powerful shilling in favor of Avaris Market and everyone will be asked to join Avaris (and whitehouse too) on Dread. The accounts that will do the shilling can be easily identified by experts but new users will definitely fall for this trap and will join this market and get scammed again. Our advice will be to stay away at all costs from the markets mentioned above. You can join Bitbazaar Market which is a very safe darknet market, choose the vendors that have good amount of positive reviews to avoid the risk of being getting scammed. Rest is up to you, we told you how to avoid the scams, now its your responsibility to save yourself from these traps.
This is a developing story, we will update this article as soon as we get new reports/proofs.