Security News > 2022 > February > Russia Cracks Down on 4 Dark Web Marketplaces for Stolen Credit Cards

A special law enforcement operation undertaken by Russia has led to the seizure and shutdown of four online bazaars that specialized in the theft and sales of stolen credit cards, as the government continues to take active measures against harboring cybercriminals on its territory.

Ferum Shop, active since October 2013, made as much as $256 million in Bitcoin from stolen card sales, accounting for nearly 17% of the stolen credit card market.

The UAS Store, a popular seller of stolen remote desktop protocol credentials and operational since November 2017, netted around $3 million in cryptocurrency proceeds, with carding store Trump's Dumps making around $4.1 million since setting up shop in October 2017.

Then on January 25, the FSB arrested Andrey Sergeevich Novak, the alleged leader of the now-defunct Infraud Organization, in Moscow, along with three others for running a criminal enterprise that dabbled in the large-scale acquisition, sale, and distribution of stolen identities, compromised debit and credit cards, personal data, computer malware, and other contraband.

What's more, recent months have been plagued by the closures of a number of dark web marketplaces like White House Market, Cannazon, ToRReZ, DarkMarket, Monopoly, and UniCC in a move that's perceived as a major blow to the carding industry after the collapse of the infamous Joker's Stash in January 2021.

"Closures and seizures of carding sites in 2022 have so far accounted for almost 50% of sales in the dark web stolen credit card market," Elliptic said.

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https://thehackernews.com/2022/02/russia-cracks-down-on-4-dark-web.html