King Of Bank Card Data Sale ‘Jokerstash’ Retires After Making Billions in Bitcoins

King Of Bank Card Data Sale ‘Jokerstash’ Retires After Making Billions in Bitcoins
King Of Bank Card Data Sale ‘Jokerstash’ Retires After Making Billions in Bitcoins

The most popular stolen payment card marketplace on the dark web is history now. 

The one behind the Joker’s Stash site, known for trading in stolen credit and debit card data, has announced that all servers and backups will be wiped, and the site will never open again. 

‘JokerStash’ or Joker for short, as the criminal is known, has put curtains to the business, hopefully forever. 

What’s the worth of JokerStash? At least $2.1 billion (£1.5 billion) in Bitcoin.

Joker’s Stash was leading the carding sites on the dark web. 

The stolen card data is used to buy gift cards or other easily traded items which are then sold on for cash. 

In a January dark web blog posting, the Joker warned customers of the infamous carding site that it would shut up shop for good on February 15. 

Joker’s Stash made its money by charging deposit fees for converting Bitcoin to a dollar balance and also through taking a commission on all trading in stolen cards. Although that commission rate cannot be pinned down precisely, Elliptic analysts based their calculations on an average of 20% as seen at other carding operations.

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