[Law] The US sanctions Iranian man behind the Nemesis Dark Web marketplace

Summary: The US Department of the Treasury has sanctioned Behrouz Parsarad, an administrator of the now-defunct Nemesis Dark Web marketplace, which trafficked in illicit goods and services. Parsarad is accused of continuing efforts to relaunch the marketplace despite prior shutdown attempts by authorities. The sanctions have frozen his assets in the US, prohibiting any financial transactions and warning institutions against dealings with his associated cryptocurrency addresses.

Affected: US Department of the Treasury, Behrouz Parsarad

Keypoints :

• Behrouz Parsarad operated the Nemesis Dark Web marketplace, shut down in 2024, which dealt in illicit goods totaling nearly million.
• The marketplace facilitated cybercrime activities, including DDoS attacks, phishing, and ransomware.
• Even after its closure, Parsarad attempts to relaunch Nemesis and has had his assets frozen due to the sanctions.
• The Treasury has identified 49 cryptocurrency addresses linked to Parsarad, warning institutions against transactions with these assets.