Police in Russia bust 4 dark web credit card marketplaces

Short News:- 

Ferum Shop, Sky-Fraud, Trump's Dumps, and UAS were seized by Russian authorities. Six Russians have been charged with "the illegal circulation of means of payment," according to state-owned news agency TASS. The four platforms collectively made an estimated $263 million in Bitcoin, Litecoin, and Ether. The arrests of 14 members of the REvil gang were the spark that lit the whole thing on fire. The FSB arrested Andrey Sergeevich Novak, the alleged leader of the Infraud Organization. Since the Joker's Stash collapse in January 2021, a number of dark web marketplaces have been shutting down.

Detailed News:- 

An investigation by Russian authorities led to the seizure and closure of four online marketplaces that specialized in the theft and sale of stolen credit cards. The government continues to take active measures against harboring cybercriminals on Russian soil.

Thus, the domains belonging to Ferum Shop, Sky-Fraud, Trump's Dumps, and UAS were seized and plastered with a banner warning that "theft of funds from bank cards is illegal," in an effort to combat card fraud. We also had a message in our HTML code that asked, "Which one of you is next?"

A division of the Russian Federation's Ministry of Internal Affairs known as Department "K" is credited with organizing the seizures, according to Flashpoint. Six Russians have been charged with "the illegal circulation of means of payment," according to the state-owned news agency TASS, in a related development.

According to blockchain analytics company Elliptic, the four platforms collectively made over an estimated $263 million in Bitcoin, Litecoin, and Ether. More than $256 million in stolen credit card sales were made by Ferum Shop, which was active since October 2013, accounting for nearly 17 percent of the total stolen credit card market.

Carding store Trump's Dumps made around $4.1 million in cryptocurrency profits since opening in October 2017 by selling stolen remote desktop protocol (RDP) credentials from The UAS Store, which has been in operation since November 2017.

Since the beginning of the year, authorities have taken action against cybercrime groups operating in the country three times. The arrests of 14 members of the Ravil ransomware gang, responsible for numerous cyberattacks around the world, were the spark that lit the whole thing on fire.

Finally, in Moscow on January 25, the FSB arrested Andrey Sergeevich Novak, the alleged leader of the now-defunct Infraud Organization, for running a criminal enterprise that dealt in the acquisition, sale, and distribution of stolen identities as well as compromised credit cards, personal data and computer malware.

Law enforcement recently shut down Canadian Headquarters (aka CanadianHQ), a darknet marketplace that sold spam services, phishing kits, stolen data dumps, and access to compromised machines. This latest high-profile action follows closely on the heels of that shutdown.

Since the Joker's Stash collapse in January 2021, a number of dark web marketplaces have been shutting down in recent months, including White House Market and Cannazon. This is seen as a major blow to the carding industry.

"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. While darknet markets remain profitable, the retirements could give operators more confidence that they can continue to operate a successful market and make their money without being apprehended."