Hackers sell stolen fiat funds for bitcoins

Hackers sell stolen fiat funds for bitcoins

Armor cybersecurity company reports that a new service has appeared in the darknet markets – hackers transfer stolen fiat funds to customer accounts for a 10% commission in BTC.

Cybersecurity experts emphasize that in this way, the customers to whose account the stolen funds are transferred are putting themselves in jeopardy, while attackers remain completely unpunished.

“There are many hackers who offer to transfer stolen funds to your PayPal account, or send them using the Western Union system,” the researchers note.

A new “service” appeared only last year and during this time it became one of the most popular and popular on the darknet. To receive $ 10,000, a client sends $ 800 in BTC to a hacker account and receives stolen funds on his card.

However, in the event of criminal prosecution, it is the client who will deal with law enforcement agencies. At the same time, the process has become much simpler, since now such people do not need to buy data from stolen bank cards or accounts.

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Earlier this month, it was reported that the popular Whale Alert service, which tracks large cryptocurrency transactions, together with the BitcoinAbuse service will track wallets related to criminal activity.


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