East India Company

• Although the name would not suggest it, East India Company was a notorious darknet market which disappeared in early 2016. The platform had seen its fair share of problems in the past, though, as they were hacked in August of 2015 and lost 30 Bitcoins. However, the company successfully regained some of its popularity afterward, and a lot of users slowly made their way back to the platform.
• Things started to get out of hand in January of 2014 when the platform became inaccessible for several days. With no response from the administrators, there was a valid reason to start panicking. It did not take long until user’s Bitcoin wallets started getting drained, although no one knows exactly how much funds have been stolen. It is one of the biggest darknet market exit scams over the past few years.