U.S. authorities have announced the shutdown of another enormous cybercrime hub amid an ongoing crackdown on outlaw sites . The Justice Department said Tuesday that it had officially shutteredRaidForums , one of the largest dark web destinationsfor stolen dataon the internet , and arrested its alleged manipulator .
The Fed say that 21 - class - previous Diogo Santos Coelho , of Portugal , personally sell slip data through the site while also acting as its “ chief administrator . ” Coelho ( who went by the hacker byname “ Omnipotent ” ) allegedly operated RaidForums from 2015 through January of this year with the help of other , unknown administrators , concord to courtdocuments . British police hold Coelho in the United Kingdom on January 31 at the behest of the United States . He will remain in detainment there until his extradition proceedings are work out , officials say Tuesday .
“ The takedown of this online market for the resale of hack or stolen data disrupts one of the major ways cybercriminals profit from the large - musical scale theft of sensitive personal and financial information , ” state Assistant Attorney General Kenneth A. Polite , Jr. of the Justice Department ’s Criminal Division on Tuesday .

Photo: Andrew Brookes (Getty Images)
The demise of RaidForums come amid a cybercrime crackdown on the part of U.S. legal philosophy enforcement . Last week , federal authorities assist shutter multiple other saturnine web criminal offense site , includingHydra , a large , Russian - linguistic process market know for drug gross revenue and money laundering . U.S. authorities also recently worked together with police in Romania to facilitate the arrest of a telephone number of a men accused of operatingBesa Mafia , a long - running cozenage site offer bastard “ murder - for - hire ” services . A botnet allegedly operated by theRussian hacker gang Sandwormwas also cut off by the FBI last Wednesday .
In improver to arresting Coelho , constabulary also capture three knowledge domain and the user database for the felonious market place . RaidForums required cybercriminals to register anonymous news report to trade and swop data using cryptocurrency on its site . At the time of its squelch , the land site had more than 530,000 registered users , CNN report .
For the better part of a decennium , RaidForums has served as a giant repository for stolen data . hack have used it to buy and sell a wide compass of data — everything from pilfered course credit card number to routing numbers to stolen account credentials . Many companies that suffered datum breaches over the years would at last find their sites ’ contents spilled across RaidForums for various damage .

“ This is another case of how working with our international jurisprudence enforcement partner has result in the shutdown of a criminal marketplace and the arrest of its decision maker , ” Polite say .
Computer securityCrimeDark webHarassmentLaw , Crime
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