Joker’s Stash, the largest store of stolen credit cards, is closing

The administrator of the Joker’s Stash, a popular and one of the longest-running sites on the dark web for buying stolen credit cards, announced on Friday that the site will permanently stop working next month. This information was conveyed in their reports by two companies – Gemini Advisory i Intel471.

It was announced on several forums that the site will stop working on February 17 and that all servers and backups will be deleted.

“It’s time to leave forever,” the site administrator wrote in a message posted on a Russian hacker forum. “We will never open again,” reads the same message in capital letters as a warning of possible fraudsters who will try to use this situation to make money by falsely presenting themselves.

“The Joker is retiring. The Joker’s Stash is closing, “the statement said.” When we opened a few years ago, no one knew about us. Today, we are one of the largest card markets. “

The exact reason for the closure is still unknown.

The Joker’s Stash opened in 2014 and became one of the largest players in the underground payment card economy, with revenue of over a billion dollars. The site became famous by offering freshly stolen payment card information and promises about card validity. Some of the cards are advertised as exclusive to the Joker’s Stash.

However, during 2020, the site’s business did not run as smoothly as before, and last month the FBI and Interpol seized part of the site’s infrastructure and caused a disruption, which was, however, only temporary.

Before that, in October, the activity on the site suddenly dropped. Towards the end of that month, the administrator of “JokerStash” announced that he was infected with Covid-19 and that he had spent a week in the hospital.

In addition, users complained that the quality of the offer was deteriorating as the inflow of fresh data decreased.

The Gemini Advisory estimated that the Joker’s Stash earned more than a billion dollars by selling stolen credit card data. The site administrator is also an ardent supporter of cryptocurrency. He said that he kept all his income in cryptocurrency. Given the recent bitcoin jump, it can be assumed that the value of any cryptocurrency that JokerStash owned has more than doubled in the last few weeks. “He was probably already among the richest cyber criminals, and maybe that jump multiplied his wealth, earning him enough money for his pension,” the researchers said.

Although this is a very good reason to quit the game, the administrator did not explain his decision but offered a 30-day grace period for all users to empty their accounts.

The site administrator also had several farewell tips for cybercriminals.

“We also want to wish all young and mature cyber-gangsters not to get lost in the search for easy money,” JokerStash wrote. “Keep in mind that even all the money in the world will never make you happy and that all the most valuable things in this life are free.”

Photo: Gemini Advisory

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