Posts Tagged: Dark Web


3
May 19

Feds Bust Up Dark Web Hub Wall Street Market

Federal investigators in the United States, Germany and the Netherlands announced today the arrest and charging of three German nationals and a Brazilian man as the alleged masterminds behind the Wall Street Market (WSM), one of the world’s largest dark web bazaars that allowed vendors to sell illegal drugs, counterfeit goods and malware. Now, at least one former WSM administrator is reportedly trying to extort money from WSM vendors and buyers (supposedly including Yours Truly) — in exchange for not publishing details of the transactions.

The now-defunct Wall Street Market (WSM). Image: Dark Web Reviews.

A complaint filed Wednesday in Los Angeles alleges that the three defendants, who currently are in custody in Germany, were the administrators of WSM, a sophisticated online marketplace available in six languages that allowed approximately 5,400 vendors to sell illegal goods to about 1.15 million customers around the world.

“Like other dark web marketplaces previously shut down by authorities – Silk Road and AlphaBay, for example – WSM functioned like a conventional e-commerce website, but it was a hidden service located beyond the reach of traditional internet browsers, accessible only through the use of networks designed to conceal user identities, such as the Tor network,” reads a Justice Department release issued Friday morning.

The complaint alleges that for nearly three years, WSM was operated on the dark web by three men who engineered an “exit scam” last month, absconding with all of the virtual currency held in marketplace escrow and user accounts. Prosecutors say they believe approximately $11 million worth of virtual currencies was then diverted into the three men’s own accounts.

The defendants charged in the United States and arrested Germany on April 23 and 24 include 23-year-old resident of Kleve, Germany; a 31-year-old resident of Wurzburg, Germany; and a 29-year-old resident of Stuttgart, Germany. The complaint charges the men with two felony counts – conspiracy to launder monetary instruments, and distribution and conspiracy to distribute controlled substances. These three defendants also face charges in Germany.

Signs of the dark market seizure first appeared Thursday when WSM’s site was replaced by a banner saying it had been seized by the German Federal Criminal Police Office (BKA).

The seizure message that replaced the homepage of the Wall Street Market on on May 2.

Writing for ZDNet’s Zero Day blog, Catalin Cimpanu noted that “in this midst of all of this, one of the site’s moderators –named Med3l1n— began blackmailing WSM vendors and buyers, asking for 0.05 Bitcoin (~$280), and threatening to disclose to law enforcement the details of WSM vendors and buyers who made the mistake of sharing various details in support requests in an unencrypted form.

In a direct message sent to my Twitter account this morning, a Twitter user named @FerucciFrances who claimed to be part of the exit scam demanded 0.05 bitcoin (~$286) to keep quiet about a transaction or transactions allegedly made in my name on the dark web market. Continue reading →


26
May 17

Trump’s Dumps: ‘Making Dumps Great Again’

It’s not uncommon for crooks who peddle stolen credit cards to seize on iconic American figures of wealth and power in the digital advertisements for their shops that run incessantly on various cybercrime forums. Exhibit A: McDumpals, a hugely popular carding site that borrows the Ronald McDonald character from McDonald’s and caters to bulk buyers. Exhibit B: Uncle Sam’s dumps shop, which wants YOU! to buy American. Today, we’ll look at an up-and-coming stolen credit card shop called Trump’s-Dumps, which invokes the 45th president’s likeness and promises to make credit card fraud great again.

trumpsdumps

One reason thieves who sell stolen credit cards like to use popular American figures in their ads may be that a majority of their clients are people in the United States. Very often we’re talking about street gang members in the U.S. who use their purchased “dumps” — the data copied from the magnetic stripes of cards swiped through hacked point-of-sale systems — to make counterfeit copies of the cards. They then use the counterfeit cards in big-box stores to buy merchandise that they can easily resell for cash, such as gift cards, Apple devices and gaming systems.

When most of your clientele are street thugs based in the United States, it helps to leverage a brand strongly associated with America because you gain instant brand recognition with your customers. Also, a great many of these card shops are run by Russians and hosted at networks based in Russia, and the abuse of trademarks closely tied to the U.S. economy is a not-so-subtle “screw you” to American consumers.

In some cases, the guys running these card shops are openly hostile to the United States. Loyal readers will recall the stolen credit card shop “Rescator” — which was the main source of cards stolen in the Target, Home Depot and Sally Beauty breaches (among others) — was tied to a Ukrainian man who authored a nationalistic, pro-Russian blog which railed against the United States and called for the collapse of the American economy.

In deconstructing the 2014 breach at Sally Beauty, I interviewed a former Sally Beauty corporate network administrator who said the customer credit cards being stolen with the help of card-stealing malware installed on Sally Beauty point-of-sale devices that phoned home to a domain called “anti-us-proxy-war[dot]com.”

Trump’s Dumps currently advertises more than 133,000 stolen credit and debit card dumps for sale. The prices range from just under $10 worth of Bitcoin to more than $40 in Bitcoin, depending on which bank issued the card, the cardholder’s geographic location, and whether the cards are tied to premium, prepaid, business or executive accounts.

A "state of the dumps" address on Trump's-Dumps.

A “state of the dumps” address on Trump’s-Dumps.

Continue reading →


18
Mar 15

Dark Web’s ‘Evolution Market’ Vanishes

The Evolution Market, an online black market that sells everything contraband — from marijuana, heroin and ecstasy to stolen identities and malicious hacking services — appears to have vanished in the last 24 hours with little warning. Much to the chagrin of countless merchants hawking their wares in the underground market, the curators of the project have reportedly absconded with the community’s bitcoins — a stash that some Evolution merchants reckon is worth more than USD $12 million.

The "Fraud Related" section of the Evolution Market before it vanished.

The “Fraud Related” section of the Evolution Market before it vanished.

Reachable only via the Tor network (a.k.a. the “dark web” or “darknet”), Evolution Market quickly emerged as the go-to online bazaar for buyers and sellers of illicit goods following the shutdown of the infamous Silk Road marketplaces in 2013 and again late last year.

Evolution operates on an escrow system, allowing buyers and sellers to more confidently and successfully consummate sales of dodgy goods. But that means the market’s administrators at any given time have direct access to a tempting amount of virtually untraceable currency.

Denizens of the darkweb community say the moderators in charge of Evolution (known as just “Evo” by vendors and buyers alike) had in the past few days instituted long delays in responding to and processing withdrawal requests from the marketplace’s myriad vendors.

According to chatter from the Evolution discussion page on Reddit, Evo’s administrators — who go by the handles “Kimble” and “Verto” — initially blamed the delays on an unexpected influx of huge withdrawal requests that the community’s coffers could not satisfy all at once. The administrators assured anxious vendors that the issue would be resolved within 24 hours.

But before that 24 hours could elapse, the Evo community — its marketplace and user discussion forum — went offline. Now, volunteer moderators from those communities are posting to Reddit that the administrators have “exit scammed,” — essentially taken all the money and run. Continue reading →