Major Darknet Online Crypto Marketplaces Seized by the Russian Authorities
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- Trump’s Dumps has raked in roughly $4.1 million since its inception in 2017.
- UniCC became the market leader when Joker’s Stash was shut down.
Millions of credit card credentials are traded for crypto assets every day in the Darknet market. Cybercriminals use these cards to make online purchases they may resell for a profit.
“Carding” was a common term for this technique. Stolen credit card sales have fallen as many of the sellers either shut down or were shut down by the police. Collections of $263 million directly result from the market’s efforts. One of the significant stolen credit card retailers, Joker’s Stash, went down last year, followed by UniCC, the second-largest dealer, this year.
“Which one of you is next?”
Russian authorities confiscated two of the most prominent online marketplaces for stolen credit cards: Ferum Shop and Trump’s Dumps. UniCC became the market leader when Joker’s Stash was shut down, while Ferum Shop was the market leader soon after UniCC went down. As of October 2013, Ferum Shop has generated about $256 million in Bitcoin from selling stolen cards.
The Dump is a company that sells magnetic strip data. When it comes to Trump’s Dumps, they’re known for branding their products with the president’s image. Trump’s Dumps has raked in roughly $4.1 million since its inception in 2017.
When it comes to carding and money laundering, Sky-Fraud is one of the most popular forums among cybercriminals. On the Sky-Fraud forum, sites like Trump’s Dump and Ferum Shop were often brought up. Russian officials have also pulled down the Sky-Fraud forum with a message that reads, “Which one of you is next?” in Russian.
Cryptocurrency
