November 22, 2024

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Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash

1 min read
Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash
Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto StashThe U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, […]