Sunday, January 23, 2022

Largest seller of stolen credit cards on Dark Web shuts down

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Another seller of stolen credit cards on the darkish internet seems to be closing up store.

UniCC has posted on boards in each Russian and English that it’s shutting down, based on Elliptic Enterprises Ltd., a blockchain forensics agency. UniCC is the the most important darkish internet vendor of stolen credit cards, with $358 million in purchases made via the since 2013 utilizing cryptocurrencies, based on Elliptic.

“Don’t construct any about us leaving,” says one of the posts, based on Elliptic. “It is weighted decision. We are not young and our health do not allow to work like this any longer.”

The announcement follows the closing of a number of different main darkish internet marketplaces. Joker’s Stash, the earlier market chief, retired a couple of yr in the past, and White House Market introduced in October it was shutting down, based on Elliptic, including that two markets that specialised within the sale of illicit medication, Cannazon and Torrez, additionally closed in latest months.

Stolen are bought in on-line marketplaces similar to UniCC for cryptocurrency. The cards can have worth and be used to buy gadgets or , which may then be resold for money, based on Elliptic. Such “carding” may also be used to launder cryptocurrency obtained via different sorts of cybercrime.

Tens of 1000’s of new cards have been listed on the market on UniCC every day, based on Elliptic.

UniCC’s retirement comes amid a serious push by the Biden administration and to crack down on prison hacking. UniCC’s leaders may additionally “see an opportunity in the turbulence to run away with users’ funds or retire to avoid increased law enforcement attention,” based on Elliptic.

“More and more darknet markets are closing down voluntarily,” mentioned Tom Robinson, Elliptic’s co-founder. But he added, “There’s always the chance that it has actually been taken down by law enforcement, and they are posing as the site’s operator.”

Either approach, new marketplaces are already rising. In June, newly created All World Cards supplied almost 3 million cards at no cost as half of a publicity stunt. Meanwhile, UniCC’s founders warned, “We ask you to be smart and not follow any fakes tied to our comeback.”

Hackers steal $97 mn from Japanese crypto change

©2022 Bloomberg L.P.
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Largest seller of stolen credit cards on Dark Web shuts down (2022, January 13)
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