- The US Government has seized 145 domain names and cryptocurrency funds related to the BidenCash black market.
- This campaign is synchronized with global law enforcement trends like the RapTor Campaign.
BidenCash Raid: US Authorities Target Cryptocurrency Criminals
In a major effort to suppress cybercrime using cryptocurrency, the US Department of Justice (DOJ) has closed 145 websites linked to the illegal BidenCash exchange.
Source: X
Launched in March 2022, BidenCash specialized in providing a platform for users to buy and sell stolen financial data, using cryptocurrencies like BTC and Tether.
Despite its name, the website is completely unrelated to the former US President. It is merely a Dark Web marketplace serving illegal activities associated with cryptocurrency, without any political significance.
BidenCash Dethroned
Through an international coordinated operation, the DOJ has dismantled BidenCash – a notorious Dark Web exchange for trading credit card data and sensitive personal information.
On June 4th, DOJ representatives announced in a press release that:
"The US Attorney's Office for the Eastern District of Virginia announces the seizure of approximately 145 domains on the dark net and regular internet, along with cryptocurrency funds associated with BidenCash."
BidenCash had enabled the buying and selling of credit card data, login accounts, and personal identifiable information (PII) through cryptocurrencies like BTC and USDT.
The DOJ confirmed:
"The individuals behind BidenCash operated a platform to facilitate stolen credit card data and related personal information transactions."
Authorities Target Both Dark Web and Regular Domains
Not only Dark Web sites, but domains on the clear-net were also swept. When accessing these addresses, users will see notifications that the site has been seized by US law enforcement.
The notice also displays logos of multiple international partners, reflecting the scale of transnational cooperation against cryptocurrency crime.
- US Secret Service
- FBI
- National High-Tech Crime Unit of the Netherlands
- Cybersecurity companies like Searchlight Cyber and Shadow Server Foundation
Crisis for Cryptocurrency's Dark Corners
Although the total value of seized cryptocurrency has not been disclosed, the DOJ confirmed that all funds related to transactions on BidenCash have been court-ordered to be seized.
In the press release, Prosecutor Jessica D. Aber (Eastern Virginia) emphasized:
"Cybercriminals should remember: even on the Dark Web, anonymity is not a shield of protection."
This development follows the RapTor Campaign, which arrested 270 people and seized assets worth $200 million – demonstrating that law enforcement agencies are increasingly cracking down on cryptocurrency-related criminal activities.
Warning to the Underground World
The "dethroning" of BidenCash confirms the growing capabilities of authorities in breaking through the anonymity of cryptocurrency criminals.
A major cybercrime center has been silenced. The message to the cybercrime community is crystal clear: No matter how anonymous, cryptocurrency cannot hide when law enforcement takes action.
