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HE MADE $23 MILLION FROM THE DARK WEB || The Tale of Alpha02 || FING
AlphaBay reportedly launched in September 2014, pre-launched in November 2014 and officially launched on December 22, 2014. It saw a steady growth, with 14,000 new users in the first 90 days of operation. The darknet informer website Gwern.net placed AlphaBay Market in the top tier of markets regarding the 6-month survival probability and it had proven to be successful. In October 2015, it was recognized as the largest online darknet market according to Dan Palumbo, research director at Digital Citizens Alliance.
Non-standard services included customizable digital contracts around building reputations.
In May 2015, the site announced an integrated digital contracts and escrow system. The contract system allows users to make engagements and agree to provide services in the future, according to the terms of the contract.
By October 2015, AlphaBay had over 200,000 users, and a claimed 40,000 sellers.
At the time of its demise in July 2017, AlphaBay had over 400,000 users, and around 300,000 listed items on their website.
AlphaBay is noteworthy in the world of darknet markets for accepting other cryptocurrency in addition to bitcoin; support for Monero, supposedly more anonymous, was implemented at the end of August 2016. It also accepted Ethereum
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