The platform was founded in 2022 and quickly became popular among cybercriminals. It served more than 117,000 users and handled over 15 million payment card details. These activities generated approximately $17 million in revenue. 

Private cybersecurity firms such as Searchlight Cyber provided technical support throughout the operation. The redirected domains now drive traffic directly to servers controlled by U.S. law enforcement, effectively preventing the system from functioning again. 

How Did BidenCash Operate? 

Initially, BidenCash drew attention by operating on both the clear and dark web simultaneously. The platform sold credit card data, remote access credentials, and session cookies, thus classifying it as an “autoshop” in the cybercrime world. 

To attract users, BidenCash frequently leaked data. For example, in March 2023, it released two million card details for free. The data included full names, CVV codes, addresses, and bank information. This move had a significant impact on users, and the platform quickly attracted high traffic. However, this visibility also accelerated investigations. 

The FBI, U.S. Secret Service, and Dutch police successfully concluded the operation. Cryptocurrency wallets involved in the operation were also removed from the system by court order, preventing the reuse of criminal proceeds. Moreover, this operation sends a clear message to similar platforms: the dark web is no longer safe for criminals. International cooperation has become far more effective in the fight against cybercrime. 

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The post BidenCash Raid: 145 Domains and Cryptocurrency Seized  appeared first on Coin Engineer.