US authorities have announced the shutdown of BidenCash, a secret online marketplace on the dark web where criminals sold stolen credit card details and personal information. The US Attorney’s Office in Eastern Virginia said it took control of 145 website domains and some cryptocurrency connected to BidenCash through a legal operation.
As per the press release, the websites that used to belong to BidenCash now take you to a server controlled by the police. BidenCash began operations in March 2022 and quickly gained popularity, attracting over 117,000 users in its first year. It earned $17 million by selling more than 15 million stolen credit card numbers and login details that let criminals hack into computers.
BidenCash gave away 3.3 million stolen credit card records for free between October 2022 and February 2023 to attract more people to its site. The US Secret Service’s team in Frankfurt, their Cyber Investigative group, and the FBI’s Albuquerque office worked together to shut down this illegal operation and stop the criminals running it.
It marks part of a broader US campaign against crypto-fueled dark web crime. In a related effort, in May, there were a total of 270 arrests across 10 countries and seizures of $200 million in assets, including significant cryptocurrency sums, targeting drug trafficking networks. In March 2025, the US government targeted Nemesis, a secret online marketplace on the dark web that had already closed.
They have frozen a total of 44 Bitcoin and five Monero accounts that had received over $850,000 between July 2022 and March 2024. Nemesis was a place where people sold illegal things like drugs and fake IDs. By blocking these accounts, the US aimed to stop the criminals who were using the site and take away their money.
TRM Labs reports also stated that the dark web markets made $1.7 billion in the year 2024. Most of this money came from Russian-speaking platforms because Russian authorities aren’t strict about stopping them.
This move by the US shows they’re working harder to break up illegal online markets, especially those using cryptocurrencies like Bitcoin to help criminals hide their money and activities.
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