Joker's Stash closes the largest market for stolen cards
Joker's Stash, the Internet's largest marketplace for selling stolen card data, announced today that it will close by February 15, 2021.
The news was announced today by the webmaster through messages posted on various underground forums in cyberspace, where the site usually advertises its services.
"The closure of Joker's Stash comes after a very tumultuous 2020," threat intelligence company Intel 471 said in a blog post, documenting the closure of the site.
"In October, the webmaster announced that he had contracted COVID-19, spending a week in hospital. "The situation affected the forums, card replacements and other work," the company said.
"Intel 471 also noticed that customers of the site complained that the quality of the card data was getting worse."
In addition, in December 2020, the FBI and Interpol occupied four domains used by the online marketplace.
At the time, the site's administrators said that the law's suppression of domains had a limited impact on the site, as they were used only as proxies to redirect customers from landing pages to the actual marketplace.
However, although the seizure had a limited impact, it appears to have affected the site's reputation, showing customers that Joker's Stash was being monitored by law enforcement.
So although the administrator of Joker's Stash did not give many details about the closure of the site, it is very likely that he feared an impending intrusion by the Authorities.
Of course, this does not mean that the administrator is no longer safe. U.S. authorities have charged cyber criminals many years after the crimes.
Before announcing its "retirement" today, Joker's Stash was considered one of the most lucrative businesses in cyberspace today.
The store is estimated to have made hundreds of millions of dollars in illegal profits, although this money goes to the sellers themselves.
In 2020 alone, the site published more than 35 million CP (card present) and over 8 million CNP (cardless) numbers for sale.
Joker's Stash has been running since October 7, 2014. The site administrator said he intends to delete all servers and backups when the site closes next month.