⚠ JUST IN: Suspected Dream Market admin arrested in Germany faces U.S. charges

49-year-old Owe Martin Andresen faces up to 20 years in prison in the U.S. and was arrested in Germany on separate charges. Dream Market operated from 2013 to 2019 and facilitated the sale of massive quantities of illegal drugs before shutting down.

Andresen allegedly used the handle "Speedstepper" to run the marketplace. Prosecutors say he accessed dormant cryptocurrency wallets in late 2022 and laundered over $2 million between August 2023 and April 2025—including buying $1.7 million in gold bars shipped to his home in Germany.

German authorities raided his residence on May 7, 2026, and recovered the gold bars, $23,000 in cash, and evidence of $1.2 million in suspected Dream Market proceeds.

@arch