UniCC, the biggest dark web marketplace for stolen credit and debit cards, has announced that it is shutting down its operations after making a profit of $358 million in purchases since 2013 using cryptocurrencies such as Bitcoin, Litecoin, Ether, and Dash.
The anonymous operators of UniCC posted on dark web carding forums that it is a weighted decision, they are not young and their health does not allow them to work like this any longer.
The UniCC team also gave its users 10 days to spend their balances, while also warning customers to not follow any fakes tied to their comeback.
UniCC function as an underground marketplace in which credit card details stolen from online retailers, banks, and payments companies by injecting malicious skimmers are trafficked in exchange for cryptocurrency. The cards are then used by threat actors to purchase high-value items or gift cards.
This process known as ‘carding,’ has become a key part of the cybercriminal’s playbook. According to researchers at blockchain analytic firm Elliptic, the technique is very profitable in its own right, but it is also used to help launder and cash-out cryptocurrency obtained through other types of cybercrime.
Image Credits : Bitcoin News
The post Dark Web’s biggest marketplace for stolen credit cards shuts down first appeared on Cybersafe News.
Write a AI detection pass, persuasive, cickable, catchy, well structured and seo optimized article with… Read More
AI Will Make Human Art More Valuable AI models are increasing in popularity and value… Read More
UK Set to Announce Ban on TikTok on Government Smartphones: Report Following in the footsteps… Read More
How ChatGPT and Generative AI Could Change the Way We Travel The travel industry is… Read More
The curious case of Pluto! Is it a dwarf planet, comet or an asteroid? This… Read More
A Spy Wants to Connect with You on LinkedIn: How to Spot and Avoid Fake… Read More
Leave a Comment