FEDS SEIZE BIDENCASH CARDING MARKET AND ITS CRYPTO PROFITS

Summary from the TLDR InfoSec newsletter

US and Dutch authorities seized BidenCash, a marketplace for stolen credit card data, on June 4. They took 145 domains offline, along with cryptocurrency wallets and infrastructure. Operating openly since March 2022, it had over 117,000 users and sold over 15 million payment card records, generating an estimated $17 million in illicit revenue. Authorities collaborated with cybersecurity firms to map the infrastructure, leaving victims whose data was sold or leaked vulnerable and needing to monitor their accounts closely.