An extensive international cybercrime network has been brought down after law enforcement seized 145 domains linked to BidenCash, a notorious online marketplace that thrived on trading stolen credit card data and compromised digital identities.
The takedown, coordinated by the FBI, U.S. Secret Service, Dutch police, and cybersecurity firms, marks a major blow against illicit cryptocurrency-financed operations.
BidenCash had operated openly on both the dark web and the clearnet, facilitating the sale of over 15 million stolen credit cards and offering access to hacked systems—generating over $17 million in crypto payments since its launch in 2022.
Authorities say the platform even distributed millions of stolen cards for free in an aggressive bid to attract more users. Now, its once-active domains—including bidencash.asia—have been replaced with seizure notices from the U.S. government.
This action is the latest in a growing string of international crackdowns on crypto-fueled cybercrime. Just last month, Europol led Operation RapTor, targeting dark web fentanyl vendors who relied on cryptocurrency, while U.S. prosecutors seized $24 million in digital assets tied to a Russian-linked malware scheme.
The fall of BidenCash highlights not only the evolving tactics of law enforcement but also the tightening global net around digital criminal enterprises.
Hackers in the crypto world are changing course, moving away from exploiting smart contracts and turning their focus toward tricking users directly.
Coinbase is now facing mounting scrutiny after it allegedly sat on a serious data breach for over four months, exposing the personal information of nearly 70,000 users before taking action.
A major security lapse has rocked Taiwan-based crypto exchange BitoPro, which quietly suffered an $11.5 million hack earlier in May but failed to alert users for weeks.
A Nevada resident has been sentenced to six years in federal prison after orchestrating a sophisticated fraud operation that involved stealing U.S. Treasury checks and using stolen identities to access the funds.