Summary
- The United States government has reportedly seized domains and virtual assets through a dark web crackdown.
- BidenCash is reported to have generated over $17 million in revenue from more than 15 million transactions over about two years.
- The specific types and amounts of the seized virtual assets were not disclosed.
The United States government has reportedly seized domains and virtual assets (cryptocurrency) through a large-scale crackdown on the dark web.
According to Decrypt on the 5th (local time), the United States government seized 145 domains and a significant amount of virtual assets during an operation targeting the dark web site 'BidenCash,' which had been trading credit card details and personal information. However, the specific types and amounts of the seized virtual assets were not disclosed.
BidenCash began operations in March 2022 and, over about two years, is reported to have facilitated more than 15 million transactions and generated about $17 million in revenue. The site is also believed to have sold credit card details, login credentials, and server access to more than 117,000 customers.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
