The U.S. Department of Justice has shut down the online crime market Popeyetools, which profited $1.7 million through methods such as encrypted payments

ChainCatcher News: The U.S. Department of Justice has announced the seizure of the cybercrime platform Popeyetools and the indictment of its administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza, accusing them of selling stolen financial data and assisting in ransomware and fraud crimes. Since 2016, the platform has profited $1.7 million through methods such as cryptocurrency payments, involving the sale of stolen credit card data and personal identification information. Law enforcement also seized $283,000 worth of cryptocurrency from a wallet controlled by Sami.

U.S. prosecutors stated that this operation was made possible through international law enforcement cooperation, successfully dismantling a platform that provided services such as "Live Fullz" and financial data verification tools. If convicted, the defendants face up to 10 years in prison for each charge.