Tor Market temporarily shuts down

After years of reliable operation, Tor Market has been temporarily shut down. A markets admin posted the information on a dark-net forum, claiming to only be pausing operations for a few months. This came as a surprise to many considering the reliability of the marketplace. The market is still online, with transaction being cleared eliminating any exit-scam concerns.

About Tor Market

Tor market is a New Zealand based marketplace that has been around since 2018 and has operated 24/7 since. Initially the market was slow to grow, but over the years it managed to gain an astounding reputation with over 1,000 product listings. The market was not known for being innovatory, or offering too many features, but rather for its reliability. Contributing to its simplicity, the market purely focuses on drug-markets, not featuring other categories. Tor market is also known for only allowing direct-pay transactions, which is more reliable.

Temporary Shutdown

Tor markets administrator announced that the market will be shutting down for anywhere from 2 to 6 months. The admin also mentioned that the market was up 24/7 for over 5 years marking a record. The shutdown is being done mainly to implement changes and improvements into the marketplace.

The forum post claims there are 3 major changes that are expected to be made. Mainly a new, modern layout that is under development. Major improvements are also expected to be made to the support system. The admin also mentioned that issues with direct payments now working the blockchain fees are high will be repaired.

Still being online, users of the marketplace have the ability to withdraw escrow funds until mid April. Users will not be able to withdraw funds after the market goes offline, and will remain untouched until the markets return. No new transactions are allowed, the market is simply online until escrow transactions are cleared.

Conclusion

Being constantly online for half a decade, it comes as no surprise that Tor Market is so trusted by many. Considering all escrow transactions are currently being cleared, there is no possibility for an exit scam. A new interface was due for a while now, and is expected to contribute to future growth. If the right changes are made, it will come as no surprise seeing Tor market rise to the top of the list.