The US and Portuguese authorities have shut down a notorious cybercrime marketplace WT1SHOP that made sellers of stolen personal information of six millions, that enabled to earn millions of dollars over the years.
Four associated domains: “wt1shop.net,” “wt1store.cc,” “wt1store.com,” and “wt1store.net.” has been brought down by Portuguese and US authorities.
Among the records on the marketplace were 25,000 scanned driver’s licenses and passports, 1.7 million login credentials for e-commerce stores, 108,000 bank accounts and 21,800 credit cards. There were 106,273 users and 94 sellers registered on the site as of December 2021. Bitcoins is the prime source of payment
The alleged site administrator, Nicolai Colesnicov, of Moldova was charged with conspiracy and with trafficking in unauthorized access devices, in a complaint filed in April and unsealed yesterday.
Law enforcers apparently traced Bitcoin sales on the site, payments made to WT1SHOP’s web host, email addresses linked to WT1SHOP, and related login information from these accounts to Colesnicov. Based on this intelligence, they deduced that he was the operator and main administrator of WT1SHOP. If proved, he might sentenced to 10 years of prison.