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Cybercrime Marketplace Collapses as Authorities Seize Hidden Crypto Stash - CIO News
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tdc-element-style" > <style scoped>.tdi_17,.tdi_17 .tdc-columns{min-height:0}.tdi_17>.td-element-style:after{content:''!important;width:100%!important;height:100%!important;position:absolute!important;top:0!important;left:0!important;z-index:0!important;display:block!important;background-color:#0a0a0a!important}.tdi_17,.tdi_17 .tdc-columns{display:block}.tdi_17 .tdc-columns{width:100%}.tdi_17{height:50px!important}.tdi_17 .td_block_wrap{text-align:left}</style> <div class="tdi_16_rand_style td-element-style" ></div><div class="vc_column tdi_19 wpb_column vc_column_container tdc-column td-pb-span4"> <style scoped>.tdi_19{vertical-align:baseline}.tdi_19>.wpb_wrapper,.tdi_19>.wpb_wrapper>.tdc-elements{display:block}.tdi_19>.wpb_wrapper>.tdc-elements{width:100%}.tdi_19>.wpb_wrapper>.vc_row_inner{width:auto}.tdi_19>.wpb_wrapper{width:auto;height:auto}</style><div class="wpb_wrapper" ><div class="td_block_wrap tdb_header_date tdi_20 td-pb-border-top td_block_template_4 tdb-header-align" data-td-block-uid="tdi_20" > <style>.tdb_header_date{margin-bottom:0;clear:none}.tdb_header_date .tdb-block-inner{display:flex;align-items:baseline}.tdb_header_date .tdb-head-date-txt{font-family:'Open Sans','Open Sans Regular',sans-serif;font-size:11px;line-height:1;color:#000}.tdi_20{display:inline-block}.tdi_20 .tdb-head-date-txt{color:#999999}</style><div class="tdb-block-inner td-fix-index"><div class="tdb-head-date-txt">Wednesday, November 27, 2024</div></div></div> <!-- ./block --></div></div><div class="vc_column tdi_22 wpb_column vc_column_container tdc-column td-pb-span4"> <style scoped>.tdi_22{vertical-align:baseline}.tdi_22>.wpb_wrapper,.tdi_22>.wpb_wrapper>.tdc-elements{display:block}.tdi_22>.wpb_wrapper>.tdc-elements{width:100%}.tdi_22>.wpb_wrapper>.vc_row_inner{width:auto}.tdi_22>.wpb_wrapper{width:auto;height:auto}</style><div class="wpb_wrapper" ><div class="vc_row_inner tdi_24 vc_row vc_inner wpb_row td-pb-row" > <style 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<style>.td_block_text_with_title{margin-bottom:44px;-webkit-transform:translateZ(0);transform:translateZ(0)}.td_block_text_with_title p:last-child{margin-bottom:0}.tdi_27,.tdi_27 p{font-family:Montserrat!important;font-size:11px!important}.tdi_27{color:#ffffff}</style><div class="td-block-title-wrap"></div><div class="td_mod_wrap td-fix-index"><p>Language</p> </div></div></div></div></div><div class="vc_column_inner tdi_29 wpb_column vc_column_container tdc-inner-column td-pb-span8"> <style scoped>.tdi_29{vertical-align:baseline}.tdi_29 .vc_column-inner>.wpb_wrapper,.tdi_29 .vc_column-inner>.wpb_wrapper .tdc-elements{display:block}.tdi_29 .vc_column-inner>.wpb_wrapper .tdc-elements{width:100%}.tdi_29{margin-top:0px!important}</style><div class="vc_column-inner"><div class="wpb_wrapper" ><div class="wpb_wrapper td_block_wrap vc_widget_sidebar tdi_31 " ><aside id="gtranslate-3" class="td_block_template_4 widget gtranslate-3 widget_gtranslate"><div class="gtranslate_wrapper" 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class="td-post-header"> <!-- category --><ul class="td-category"><li class="entry-category"><a href="https://cionews.co.in/category/industries/">Industries</a></li><li class="entry-category"><a href="https://cionews.co.in/category/industries/bfsi/">BFSI</a></li><li class="entry-category"><a href="https://cionews.co.in/category/cyber_security/">Cyber Security</a></li></ul> <header class="td-post-title"> <h1 class="entry-title">Cybercrime Marketplace Collapses as Authorities Seize Hidden Crypto Stash</h1> <div class="td-module-meta-info"> <!-- author --><div class="td-post-author-name"><div class="td-author-by">By</div> <a href="https://cionews.co.in/author/editor-team/">Editor Team</a><div class="td-author-line"> - </div> </div> <!-- date --><span class="td-post-date"><time class="entry-date updated td-module-date" datetime="2024-11-26T16:03:15+05:30" >November 26, 2024</time></span> <!-- comments --><div class="td-post-comments"><a 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class="td-pulldown-filter-list"></ul><a class="td-social-sharing-button td-social-handler td-social-expand-tabs" href="#" data-block-uid="td_social_sharing_article_top" title="More"> <div class="td-social-but-icon"><i class="td-icon-plus td-social-expand-tabs-icon"></i></div> </a></div></div></div> <div class="td-post-content tagdiv-type"> <!-- image --><div class="td-post-featured-image"><figure><a href="https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10.png" data-caption="Cybercrime Marketplace Collapses as Authorities Seize Hidden Crypto Stash"><img loading="lazy" width="696" height="479" class="entry-thumb td-modal-image" src="https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-696x479.png" srcset="https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-696x479.png 696w, https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-300x206.png 300w, https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-768x528.png 768w, https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-218x150.png 218w, https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-611x420.png 611w, https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10-100x70.png 100w, https://cionews.co.in/wp-content/uploads/2024/09/Santosh-Article-Main-Image-3-10.png 900w" sizes="(max-width: 696px) 100vw, 696px" alt="Cybercrime Marketplace Collapses as Authorities Seize Hidden Crypto Stash" title="Cybercrime Marketplace Collapses as Authorities Seize Hidden Crypto Stash"/></a><figcaption class="wp-caption-text">Cybercrime Marketplace Collapses as Authorities Seize Hidden Crypto Stash</figcaption></figure></div> <!-- content --><p>The U.S. Justice Department revealed its involvement in illegal bitcoin transactions and announced the seizure of Popeyetools, a cybercrime marketplace.</p> <p>Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were accused of assisting fraud and ransomware offenses and selling bank data that had been stolen. Since 2016, Popeyetools has made $1.7 million, in part via cryptocurrency payments, and has sold personally identifying information and credit card data that has been stolen.</p> <p>Additionally, authorities confiscated $283,000 worth of cryptocurrencies from a wallet under Sami’s control. In destroying the portal, which promoted services like “Live Fullz” and tools for verifying stolen financial data, U.S. Attorney Trini E. Ross emphasized the international cooperation.</p> <h5><strong>For each offense, the defendants may spend up to 10 years behind bars if found guilty. International law enforcement was involved in the case, highlighting the importance of taking a strong stand against cybercrime made possible by crypto.</strong></h5> <p><strong>Also read</strong>: <a href="https://cionews.co.in/viksit-workforce-for-a-viksit-bharat/">Viksit Workforce for a Viksit Bharat</a></p> <p><strong>Do Follow</strong>: <a href="https://www.linkedin.com/in/cio-news-account/" target="_blank" rel="noopener">CIO News LinkedIn Account</a> | <a href="https://www.facebook.com/VoiceofCIO" target="_blank" rel="noopener">CIO News Facebook</a> | <a href="https://www.youtube.com/channel/UCRhoaVqY8SLWzURhDTgrn7g" target="_blank" rel="noopener">CIO News Youtube</a> | <a href="https://twitter.com/cio_news_tweets" target="_blank" rel="noopener">CIO News Twitter </a></p> <p><strong>About us:</strong></p> <p>CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. 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