In a coordinated operation run by the Australian Federal Police, the Scotland Yard, FBI, and Europol with a bit of support from the German Intelligence authorities, an Australian man accused of running a $220m dark web was caught by the police last week.
The Queensland based citizen in discussion is known with a name Julian K(34) and was caught on the Danish Border by the German border Force on January 9th,2021. He will face the trial of running an illegal underground web of DarkMarket selling stolen credit card details, drugs, and some content related to extortion.
All servers of the DarkMarket were reportedly shut down by the German authorities on Monday this week after they learned that the activity was taking place in full swing from a data center in a bunker in South West Germany from where the links were also found distributed to Ukraine and Moldova.
Highly placed sources say that the DarkMarket served to over 500,000 users by over 2400 sellers who sold drugs, counterfeit currency, details related to credit cards stolen from different cyber attacks, SIM card info to conduct financial related fraudulent online campaigns and malware distribution on request.
Most of the financial transactions were discovered to be done in Bitcoins and Monero Crypto Currency.
And as the accused was denied a bail, he will be kept in a remote prison in Germany till this month end.
Julian was on a holiday trip or probably a dark web business trip when he was caught at the border while fleeing from Denmark to Germany.
US built the dark web military in 2006 to conceal their online activities from snooping eyes of adversaries. But as technology could spell a doom if fallen into wrong hands, the cyber crooks developed similar networks out of which many have remained concealed till date.
The post Australian citizen runs $220m dark web to sell stolen credit card info and malware appeared first on Cybersecurity Insiders.
January 13, 2021 at 10:11AM
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