News

Russia Has Taken Down 4 Major Illegal Dark Websites Which Made Over $263 Million In Crypto

Russia Has Taken Down 4 Major Illegal Dark Websites Which Made Over $263 Million In Crypto 3

The Caught Of Russian Government

The Russian Ministry of Internal Affairs has shut down four prominent illegal dark websites: Sky-Fraud forum, Trump’s Dumps, UAS Store, and Ferum Shop, the top stolen credit card market. These websites made over an estimated $263 million across Bitcoin, Litecoin, and Ether in illicit proceeds during their lifetimes. 

According to a report published on Wednesday by Elliptic, the four dark websites gained more than $263 million in cryptocurrency through the sale of stolen credit cards. Furthermore, the majority of buyers paid for these cards with bitcoin (BTC), litecoin (LTC), and ether (ETH).

Flashpoint reported that the seizures were completed by the Department “K,” a division of the Russian Federation’s Ministry of Internal Affairs that concentrates largely on information technology-related crimes. In addition, the state-owned news outlet TASS reported that six Russians had been prosecuted with “illegal circulation of means of payment.”

DarkWeb Market

Ferum Shop, which has been operating since October 2013, has generated up to $256 million in Bitcoin through stolen credit card sales, accounting for almost 17% of the stolen credit card market.

The UAS Retailer, a popular supplier of stolen remote desktop protocol (RDP) credentials since November 2017, has made over $3 million in Bitcoin profits, while carding store Trump’s Dumps has made around $4.1 million since its opening in October 2017.

Russia Has Taken Down 4 Major Illegal Dark Websites Which Made Over $263 Million In Crypto 4

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Victor

Recent Posts

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

24 minutes ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

2 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

2 hours ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

2 hours ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

3 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

4 hours ago

This website uses cookies.