US Authorities Confiscate Cryptocurrency and 145 Domains from Identity Theft Marketplace

US Authorities Confiscate Cryptocurrency and 145 Domains from Identity Theft Marketplace

The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information.

Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating at least $17 million in unlawful proceeds. In a bid to attract more users, the site distributed 3.3 million stolen credit cards at no cost between October 2022 and February 2023. The DOJ confirmed that seized domains now redirect to law enforcement-controlled servers to prevent further misuse. Investigations were led by the FBI and U.S. Secret Service, with support from Dutch authorities and cybersecurity firms. Assistant U.S. Attorney Zoe Bedell is prosecuting the case, and court authorization allowed the confiscation of crypto wallets used to process BidenCash’s illegal earnings.

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