Security News > 2021 > January > Joker’s Stash Carding Market to Call it Quits

2020 turned out to be a tough year for Joker's Stash.

Gemini Advisory, a New York City-based company that monitors underground carding shops, tracked a "Severe decline" in the volume of compromised payment card accounts for sale on Joker's Stash over the past six months.

"Joker's Stash has received numerous user complaints alleging that card data validity is low, which even prompted the administrator to upload proof of validity through a card-testing service," Gemini wrote in a blog post about the planned shutdown.

In 2018, KrebsOnSecurity detailed a vast network of fake Joker's Stash sites set up to steal login credentials and bitcoin.

As noted here in 2016, Joker's Stash attracted an impressive number of customers who kept five and six-digit balances at the shop, and who were granted early access to new breaches as well as steep discounts for bulk buys.

If the bitcoin price theory holds, that would be fairly rich considering the parting lines in the closure notice posted to Joker's Stash.

News URL

https://krebsonsecurity.com/2021/01/jokers-stash-carding-market-to-call-it-quits/