Security News > 2021 > January > Underground Carding Marketplace Joker's Stash Announces Shutdown
Joker's Stash, a large underground marketplace for stolen payment card data, has announced plans to shut down operations on February 15, 2021.
The representatives of the carding service pointed out that, although the marketplace has become highly popular, the team is getting a "Well-deserved retirement."
Active since 2014, the marketplace offered card data from a robust network of criminal vendors, with some of the data supposedly exclusive to Joker's Stash.
Underground threat intelligence company Gemini Advisory estimates that "Joker's Stash has generated more than $1 billion USD in revenue over the last several years."
In mid-December 2020, a message on the Joker's Stash site informed visitors that the U.S. Federal Bureau of Investigation and Interpol managed to seize the marketplace's servers, in an attempt to disrupt its activity.
Around the same time, both the volume and quality of Card Not Present and Card Present records offered in the shop started declining, and customers began complaining of that.