Some vendors known for selling stolen crypto cards for crypto like bitcoin on the dark web have been shut down by Russian officials.
Four darknet “carding” websites that accepted crypto payments have reportedly been shut down by Russian officials. The affected platforms are Trump’s Dump, Sky-Fraud forum, UAS Store, and the notorious Ferum Shop.
Carding websites offer stolen credit cards for sale that can be used to purchase items such as luxury goods or premium gift cards, which can then be traded for cash usually via person-to-person transactions. These credit cards are stolen from compromised web-based banking platforms and online store platforms.by Elliptic on Wednesday, the four dark web platforms had made more than $263 million in popular cryptocurrencies from selling these stolen credit cards.
Ferum Shop, one of the platforms seized by officials of Russia’s Ministry of Internal Affairs, was the largest vendor for stolen credit cards. The platform reportedly amassed over $256 million from the sale of these stolen cards for crypto.
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