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German Dark Web Kingpin Extradited to U.S. in Crypto Fraud Case

German Dark Web Kingpin Extradited to U.S. in Crypto Fraud Case

Patrick Schmitz, a German national, faces charges for allegedly operating The Versus Project dark web marketplace.

Investigators describe Schmitz as the CEO of a large-scale criminal enterprise, handling daily administration and recruiting vendors.

US authorities worked with Colombian counterparts to arrest and extradite Schmitz, marking a significant step in the global crackdown on darknet marketplaces.

Patrick Schmitz, a German national, has arrived in the United States following extradition from Colombia over allegations that he operated a major dark web marketplace known as “The Versus Project,” according to the US Department of Justice. Prosecutors say the platform enabled large-scale illegal trade involving drugs, fraud…

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