As one of the largest dark web markets selling identity data and stolen credit card information, Joker’s Stash retired last month after he made $1 billion in cryptocurrency. A few weeks ago, U.S. and European officials seized certain web portal servers associated with Joker’s Stash website, but were unable to completely shut down operations.

Darknet market clown’s hideout closed

Many reports indicate that in terms of stolen credit card and identity sales, the world’s largest dark web market (DNM) claims to have withdrawn after operating since 2014. Joker’s Stash explained in mid-January that the business will be closed in mid-February and the plan has been ongoing.

Blockchain analysis company Elliptic detailed that Joker’s Stash earned more than $1 billion in cryptocurrency during his tenure. Elliptic also revealed that the estimate is a conservative estimate based on Joker’s Stash’s income and all expenses over the years.

The hiding of the darknet market clown retires after acquiring $1 billion in cryptocurrency
The administrator of Joker’s Stash wrote a letter to the client explaining that the operator will retire.

On January 15, the Joker’s Stash administrator stated that the site would be closed on February 15, but Elliptic monitored the portal and stated that DNM went offline on February 3, 2021. Joker’s Stash’s luck continued until 2020, when it was reported that the owner of DNM was infected with the coronavirus and had to go to the hospital for 7 days.

At that time, Joker’s Stash customers began to complain and encountered problems with the reliability of card data and identification. Both Krebs on Security and Gemini Advisory issued reports and conducted a comprehensive analysis of the clown’s hiding operations.

Covid-19 and global law enforcement have pushed the clown’s hiding path to the edge

Since the administrator caught Covid-19 and the weeks that followed, Gemini Advisory stated that sales of the business had “severely dropped.” The chart below was created by Gemini and shows that by the end of August 2020, the Stash CNP and CP data for Joker has declined.

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However, with the involvement of law enforcement officers from Europe and the United States, Covid-19 is not the only issue involved in Joker’s Stash operation in 2020. Interpol and the United States Department of Justice (DoJ) confiscated many servers on December 16, 2020. However, just like The Pirate Bay, Joker’s Stash established a new infrastructure on the network, and operations continued until the retirement announcement was announced.

“The clown deserves to retire. The clown’s hideout is coming to an end,” said the farewell letter. “When we opened a few years ago, no one knew about us. Today, we are one of the largest card/dump markets.”

The administrator promised to open the store’s “stash” for another 30 days and told people not to be obsessed with any fake websites that might appear in the future. The clown’s hideout uses capital letters to mean “never open again.” The clown’s hiding place makes it clear that customers should not trust any impostor.

The Joker’s Stash of Jo’s credit obtained from payment card records comes from a company that has observed big data breaches for years. Gemini Advisory said that Joker’s Stash data comes from high-profile hackers who have seen a large amount of confidential customer data lost.

Merchants caught in the hacker crossfire include Whole Foods, Saks Fifth Avenue, Hilton Hotel, Hy-Vee Supermarket, Lord and Taylor.

What do you think of the Joker’s Stash administrator who has operated and retired since 2014 and earned $1 billion in digital assets? Let us know your thoughts on this topic in the comments section below.

Tags in this story

Bitcoin, Bitcoin (BTC), Coronavirus, COVID-19, credit card data, cryptocurrency, cryptocurrency, dark web, dark web market, dark web market, Ministry of Justice, Interpol, clown’s stash, retirement, Confiscated servers, stolen credit cards, stolen identities

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