In what can only be described as a classic case of mischief managed, US authorities decided to play a very expensive game of âwhoâs got the biggest digital hammer.â They seized a dazzling 145 domains and an undisclosed mountain of cryptocurrency that, until recently, was happily tied to BidenCashâthe dark webâs version of a rogue lemonade stand selling stolen credit cards and other personal secrets. Because nothing says âfunâ like illegal marketplaces that make Wal-Mart look like your grandmaâs knitting club. đ
The operation, which was announced on June 5 by the US Attorneyâs Office (who clearly missed their calling as Internet policemen), aimed at shutting down the platformâs infrastructure and draining its financial swamp. The seized domains are now being redirectedâprobably to some server where the FBIâs IT department spends its coffee breaksâeffectively pulling the plug on BidenCashâs shady operations.
Launched back in March 2022, BidenCash had ballooned to over 117,000 usersâjust the kind of crowd you want at your digital partyâand traded more than 15 million stolen credit card numbers and other juicy tidbits of personal data. The platform raked in a cool $17 million, which is roughly enough to buy a small islandâor at least a very comfortable hammock. The marketplace also offered login details for uninvited computer access, because why not spice things up? Apparently, between October 2022 and February 2023, they handed out 3.3 million stolen credit card records for freeâlike some sort of cyber Robin Hood with a penchant for chaos. đ´ââ ď¸
US Cheers as Crypto Gets Confiscated
Whatâs better than seizing domains? Seizing crypto, of course! The US got court approval to go after the digital dough tied to BidenCash, though they kept the amount of cryptocurrencies under wrapsâprobably to build up the suspense. Led by secret agents using more acronyms than a government memo (US Secret Service, FBI), this operation was part of a broader mission to kick illegal crypto activity off the dark webâs dance floor. đş
Meanwhile, in the ongoing saga of âDark Web vs. Law Enforcement,â Mayâs Operation RapTor saw the authorities crash through multiple dark web drug markets, arresting 270 miscreants across 10 countries, and confiscating $200 million in assetsâincluding quite a bit of Bitcoin. Because nothing says âpartyâ like a global cyber bust.
US Sanctions Nemesis, the Dark Webâs Equivalent of a Bad Ex
Meanwhile, back in the realm of the forbidden, the US slapped sanctions on the operator of Nemesis, a failed online marketplace that peddled everything from drugs to fake IDsâbasically the dark webâs equivalent of a shady carnival. The property included 44 Bitcoin addresses and five Monero addresses that, between July 2022 and March 2024, gobbled up over $850,000âprobably enough to buy a decent amount of coffee and questionable sandwiches.
In 2024, the dark web generated over $1.7 billion in revenue, which, for those of us on the outside, sounds like a lot of oddly dressed digital bandits having a fantastic year. According to TRM Labsâ 2025 Crypto Crime Report, Russian-language marketplaces still dominate, thanks to the low risk of enforcement actionâmeaning theyâre probably having a nice, quiet summer, sipping cyber-tinis. đ¸
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2025-06-05 10:30