- The US government has seized 145 domains and crypto funds linked to the illegal Bidencash market.
- The operation is in line with the global enforcement momentum in Operation Raptor.
In a big blow to cyber crime facilitated by crypto-industry, the US Department of Justice (DOJ) has to block 145 sites associated with the Bidencash marketplace.
Source: X
The market has been active since March 2022 and offered users a platform for selling and purchasing compromised financial data with crypto.
Despite the name, Bidencash has no political ties with the former president – it was a marketplace for crime, not a comment.
Bidens Busted
In a coordinated international operation, the US Department of Justice (DOJ) has deleted Bidencash, a dark web card market that has traded stolen financial data.
On June 4, officials announced through a press release That,
“The office of the American lawyers for the eastern district of Virginia today announced the seizure of around 145 dark net and traditional internet domains and cryptocurrency funds associated with the Bidencash market.”
Bidencash, which was launched in March 2022, enabled users to buy stolen credit card data, login data and personally identifiable information (PII) using cryptocurrencies such as Bitcoin [BTC] and fast [USDT].
The doj confirmed:
“The operators of the Bidencash market use the platform to simplify the process of buying and selling stolen credit cards and associated personal information.”
Epiles include Dark Web and Clear Net
Dark websites were not only those who were the target of the authorities, but also clear DET-Domans were the target. All these URLs automatically lead to a banner who proclaims the seizure of the site by American authorities.
The message also contained logos from different global partners, who showed the global nature of cooperation.
The operation included cooperation of the US Secret Service, FBI, Dutch National High Tech Crime Unit and Cyber Threat Intelligence companies such as Searchlight Cyber and the Shadow Server Foundation.
Cryptos’s criminal corners under fire
Although the actual amount of the seized crypto has not been announced, the DOJ confirmed that digital currencies associated with the transactions of Bidencash were seized under forfeiture approved by the court.
During the same press release, the American lawyer Jessica D. Aber of the eastern district of Virginia noted that,
“Cyber criminals must know that they are not even anonymous on the dark web,”
This follows on the last operation Bird of preyIn which 270 arrests and $ 200 million saw attacks worldwide – a clear sign that law enforcement officers increase the Ante to combat illegal use of crypto.
A warning for the underground
The Bidencash closing shows an increasingly robust power from the side of governments to break into anonymity software used in crypto crime.
Another cyber crime shub has been going to the ground for the time being. But the message is clear: crypto -anonymity offers no protection when law enforcement arrives.