- US authorities have shut down BidenCash, seizing 145 domains and crypto tied to its role in trafficking over 15 million stolen credit card numbers and personal data since 2022.
- The dark web marketplace had more than 117,000 users and generated over US$17M in illicit revenue.
- The takedown mirrors China’s Haowang Guarantee closure in May, which ended a dark market linked to over US$4B in crypto flows via the Huione Group, now under international investigation.
US authorities have shut down BidenCash, a prominent dark web marketplace, seizing 145 domains and an undisclosed amount of cryptocurrency linked to extensive trafficking of stolen payment cards and personal information.
As per the US Attorney’s Office for the Eastern District of Virginia, the operation followed a court-approved crackdown targeting both BidenCash’s infrastructure and its financial channels.
Now, the domains previously used by the marketplace are redirected to a server under direct law enforcement control.
Related: Retail Crypto Traders Pivot to Practical Use Cases as Risk Appetite Erodes
Over 15M Stolen Credit Cards Numbers
Since its launch in March 2022, BidenCash rapidly grew into a significant hub for cybercrime, amassing over 117,000 users and selling a whopping 15 million + stolen credit card numbers alongside piles of sensitive personal data from users across the world.
Federal investigators report the marketplace often generated revenues surpassing US$17M (AU$26.1M) during its roughly two-year run.
Related: Webus Files SEC Form 6-K to Establish $300 Million XRP Reserve, Partners with Samara Alpha
This operation follows similar enforcement actions against other dark web entities, including a significant crackdown in May resulting in 270 arrests across ten countries, alongside asset seizures totaling approximately US$200M (AU$307M), much of it in cryptocurrency, and related to drug trafficking.
Similarly, Crypto News Australia reported that China’s largest dark crypto market, Haowang Guarantee, was shut down by Telegram in May, officially ending a network that processed over US$4B, around AU$6.24B, through the Huione Group, an organisation now under investigation internationally.
Earlier in March 2025, the US government targeted another defunct dark web marketplace known as Nemesis, freezing a total of 44 Bitcoin and five Monero accounts. These accounts had processed more than US$850K (AU$1.30M) in transactions between July 2022 and March 2024.
Credit: Source link
