BidenCash Darknet Website Dismantled After Trafficking Over 15M Stolen Credit score Playing cards – BitRss
The US Legal professional’s Workplace for the Japanese District of Virginia has seized 145 net domains and cryptocurrency property tied to BidenCash, a darknet market infamous for trafficking in stolen bank card knowledge and private info.
BidenCash started operations in March 2022, stepping in to switch Joker’s Stash, which had been shut down a couple of 12 months earlier than.
Feds Strike BidenCash Market
Launched in March 2022, BidenCash marketed itself as a one-stop store for cybercriminals in search of to purchase and promote compromised monetary knowledge, together with thousands and thousands of cost card numbers and person credentials. {The marketplace} gained notoriety for its brazen promotional techniques, most notably, a mass leak of three.3 million stolen bank cards between late 2022 and early 2023, which it provided without spending a dime to draw extra customers.
With a buyer base exceeding 117,000, BidenCash is believed to have processed over 15 million compromised data and amassed greater than $17 million in income by means of transaction charges.
In line with the official press launch, federal authorities say the operation’s infrastructure has now been dismantled: the seized domains have been rerouted to legislation enforcement-controlled servers to disrupt any additional illicit exercise.
In the meantime, prosecutors additionally confirmed that cryptocurrency property linked to the platform’s unlawful income have been confiscated following courtroom approval. {The marketplace} not solely monetized stolen card knowledge but additionally distributed login credentials that would allow unauthorized distant entry to computer systems.
Operation RapTor
The takedown of BidenCash is yet one more addition to an elevated crackdown on cybercriminal marketplaces, coming simply days after the historic Operation RapTor, the worldwide operation that focused fentanyl trafficking by way of the darkish net.
This resulted in 270 arrests and over $200 million in asset seizures, together with narcotics, cryptocurrency, and firearms. Coordinated throughout ten international locations, RapTor leveraged intelligence from beforehand dismantled markets like Nemesis and Bohemia, which have been essential in monitoring down offenders. Notably, Iranian nationwide Behrouz Parsarad, who occurs to be the founding father of Nemesis, was sanctioned and indicted, marking the primary time the Workplace of Overseas Property Management (OFAC) performed a direct enforcement position beneath JCODE.
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