U.S. Seizes Crypto and 145 Domains in Crackdown on Dark Web Marketplace BidenCash

In a major cybercrime enforcement move, U.S. authorities have seized approximately $40,000 in cryptocurrency and taken down 145 domains associated with BidenCash, a notorious dark web marketplace known for trafficking in stolen personal data and illicit goods.

According to blockchain analytics firm Arkham, the U.S. Department of Justice coordinated a global operation that successfully disrupted the marketplace's infrastructure, marking a significant step in the fight against crypto-enabled cybercrime.

BidenCash rose to infamy by offering stolen credit card data, login credentials, and personal identity records. It operated in a decentralized fashion, frequently switching domain names to avoid detection. Law enforcement has now intercepted many of these rotating addresses in a coordinated takedown effort.

The operation underscores the growing capability of federal agencies to trace illicit crypto transactions across networks and take direct action against the underlying entities. Blockchain forensics and cross-border law enforcement collaboration were key components of this success.

Officials did not disclose whether any arrests were made, but the takedown is expected to significantly disrupt the dark web market for stolen data in the short term.

The BidenCash case is another reminder that while cryptocurrencies offer decentralization and privacy benefits, they can also be exploited by bad actors—something regulators are increasingly eager to combat.

Stay tuned to Altcoiners.live for continued coverage on crypto crime, regulation, and the evolving security landscape.

Author
Surabh Yadav