Abacus Market, the largest Bitcoin-powered darknet marketplace in the Western ecosystem, has abruptly vanished in what experts suspect is an exit scam. Users were left unable to access the site or withdraw funds, sparking widespread alarm.
The disappearance was first noted after reports of withdrawal issues emerged in late June, followed by the sudden shutdown of both the marketplace and its clearnet mirror.
Why did Abacus Market suddenly disappear?
TRM Labs suggests the exit scam could be linked to increased law enforcement attention following the closure of other major darknet markets like Archetyp. The sudden surge of users to Abacus raised its profile and may have pressured the operators to flee with funds.
The administrator, known as “Vito,” had initially blamed withdrawal problems on cyberattacks and an influx of new users, but these reassurances failed to calm the community.
Did you know?
Did you know Abacus Market commanded over 70% of the Bitcoin-enabled darknet market share in the Western ecosystem before it vanished in 2025?
What does this mean for darknet users and law enforcement?
Users have suffered substantial losses, with millions of dollars trapped in the marketplace’s frozen wallets. The incident highlights the precariousness of relying on darknet platforms for illicit trading.
Law enforcement agencies may either be quietly investigating or may have seized the marketplace covertly, though no official confirmation has been made.
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Abacus’ dominant position in the Bitcoin darknet market
Before vanishing, Abacus controlled nearly 70% of all Bitcoin-enabled Western darknet marketplaces. It handled a peak sales volume of $6.3 million in June, fueled by migration from shuttered competitors like Archetyp and ASAP Market.
Its total sales over its lifespan are estimated between $300 million and $400 million when accounting for Monero-fueled transactions.
Exit scams and law enforcement in the darknet ecosystem
Experts note that darknet market operators often face a choice between profit and self-preservation. Previous market admins who ran exit scams or voluntarily exited have often avoided capture.
With rising law enforcement pressure, the Abacus operators seemingly chose to disappear with user funds, reflecting a growing trend of darknet marketplaces shutting down abruptly.
The fallout from Abacus’ exit will likely prompt a greater crackdown on darknet markets and encourage users to rethink the risks of these platforms.
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