The takedown followed a court-approved investigation that targeted the platform’s infrastructure. The seized domains now redirect users to a server controlled by the authorities, featuring official insignias from the DOJ, FBI, Secret Service, and Dutch High Tech Crime Unit.
Meanwhile, the authorities confirmed the seizure of crypto used by BidenCash to process illegal payments, but did not disclose the total amount or asset type.
BidenCash was known for its open sale of stolen credit card data, login credentials, and personally identifiable information.
Investigators estimate that during its lifespan, the platform enabled the trade of more than 15 million compromised card records and generated at least $17 million in revenue. At its peak, the marketplace served over 117,000 users.
To boost its reach among criminals, the site tends to release millions of stolen card details for free in what appeared to be a promotional tactic.
According to the authorities:
“Between October 2022 and February 2023, the BidenCash marketplace published 3.3 million individual stolen credit cards for free to promote the use of their services. The stolen data included credit card numbers, expiration dates, Card Verification Value (CVV) numbers, account holder names, addresses, email addresses, and phone numbers.”
