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Dream Market Admin Arrested And Identified

Dream Market Admin Arrested And Identified
June 9, 2026
Owe Martin Andresen, the suspected main administrator of Dream Market, one of the largest illicit darknet marketplaces before its 2019 shutdown, has been indicted for an alleged scheme to launder funds from Dream Market’s administrator accounts. Andresen was arrested last week in Germany on parallel charges brought by the German government.

“Andresen allegedly channeled commissions earned from selling illegal drugs, stolen personally identifiable information, counterfeit identification documents, and other items through cryptocurrency wallets and even converted his ill-gotten gains into gold bars,” said U.S. Attorney Theodore S. Hertzberg. “Thanks to the close coordination between federal and German law enforcement, Andresen and his co-conspirators will no longer profit from the online sales of narcotics and fraud services, and Andresen will be prosecuted in both Germany and the United States as a result of his actions.”

This comes as many admins are still using Bitcoin. Owe Martin Andresen ran one of the longest darknet marketplaces in history and according to Law Enforcement his biggest opsec failure was using Bitcoin

Although other markets didn't use XMR or any other coins besides Bitcoin, bitcoin is showing to become one of the biggest operator failures of the entire generation of the darknet.

Dream ran for 6 years and the main administration was caught years after his operation was shut down. Showing that LE is willing to continue to investigate regardless of where the platform goes.

At this time it's unknown if Owe Martin Andresen acted alone besides prominent help from vendors like OxyMonster who was also arrested and charged for helping run the market. LE hasn't released if Owe Martin Andresen was one or many of the admins behind the long-running Dream Market.
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