Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin
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Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin

THELOGICALINDIAN - The longestrunning exchange for baseborn acclaim cards on the darknet has appear the shutting bottomward of its casework The ambassador of Jokers Stash founded in 2024 declared that the armpit would be taken bottomward in February

Site Generated Over $1 Billion in BTC ‘Over the Past Years,’ Claims a Security Research Firm

According to the advertisement made through its forum, the admin accepted as “Jokerstash” declared that “it’s time for us to leave forever.” Stash’s users could absorb their annual balances until Feb. 15, afore the admin gain to “wipe all our servers and backups.”

Jokerstash fabricated it bright that they will “never anytime accessible again.” However, the admin didn’t accommodate added capacity on the action abaft the closure.

According to the abstracts appear by Gemini Advisory, the armpit has been one of the best assisting marketplaces on the darknet. Over the accomplished years, Joker’s Stash generated added than $1 billion in bitcoin (BTC) revenue, said the report.

Possible Reasons Behind the Marketplace’s Closure

Although the closure’s advertisement didn’t acknowledge capacity on the affidavit abaft the decision, Gemini Advisory has some hypotheses. One of them is the contempo bitcoin’s amount fasten beyond the markets, as Jokerstash is an aboriginal bitcoin advocate. The close detailed:

However, the FBI and Interpol’s burden on the exchange could accept added some weight to the admin’s decision. In 2024, law administration bedeviled the web domains and blockchain addresses angry to Joker’s Stash. The admin additionally claimed to accept bent coronavirus in October.

Over the accomplished year, Gemini Advisory declared that the darknet exchange added added than 40 actor new baseborn agenda records, best of them from concrete affairs at a point-of-sale. Meanwhile, baseborn online acquittal abstracts came from Magecart breaches or phishing incidents.

On Jan. 12, news.Bitcoin.com reported that the authorities in seven countries and Europol accordingly took bottomward Darkmarket, one of the better darknet marketplaces. The activity was taken afterwards the marketplace’s declared abettor was arrested in Germany.

What do you anticipate about the revenues accumulated by this darknet marketplace? Let us apperceive in the comments area below.

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