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FEDS TAKE DOWN A HALF-BILLION DOLLAR CYBERCRIME FORUM AFTER 7 YEARS ONLINE | Wired
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FEDS TAKE DOWN A HALF-BILLION DOLLAR CYBERCRIME FORUM AFTER 7 YEARS ONLINE | Wired

WITH THE RISE and fall of dark web black markets like Alphabay and the Silk Road, law enforcement officials have repeatedly warned that even anonymity tools like Tor and cryptocurrencies won’t hide criminals from the law’s long reach. But the most recent takedown of another massive cybercrime forum carries a different lesson: It’s still possible to create an online black market even outside of the dark web’s cover, grow it to a half-billion dollar operation, and get away with it for the better part of a decade.

On Wednesday, the Department of Justice unsealed an indictment against no fewer than 36 people, accused of acting variously as administrators, moderators, and sellers of illegal hacking and fraud services on a black market forum known as Infraud. A coordinated action by Homeland Security Investigations and cops in Australia, Britain, France, Italy, Kosovo and Serbia arrested 13 of those named, and took down the website itself, replacing it with a seizure notice.

Source: FEDS TAKE DOWN A HALF-BILLION DOLLAR CYBERCRIME FORUM AFTER 7 YEARS ONLINE | Wired