Illicit Marketplace Rydox Shut Down: Cybercriminals Caught in Global Crackdown
The U.S. Department of Justice has shut down Rydox, an illicit marketplace for stolen personal information and cybercrime tools, leading to the arrest of three Kosovo nationals. The FBI’s undercover sting revealed Rydox’s role in selling stolen data to over 18,000 users, raking in at least $230,000.
Hot Take:
Looks like cybercriminals are finally getting their just desserts, and it’s not a free sample at Costco. With law enforcement agencies around the world dishing out justice like a buffet line, perhaps these cyber villains will think twice before logging into the dark side! Kudos to the DoJ for putting the “cyber” back into “cybercrime crackdown.” Let’s hope these arrests make the bad guys realize that crime doesn’t pay—or at least not as well as a legitimate job!
Key Points:
- The DoJ has shut down the Rydox marketplace, an illicit platform for selling stolen personal information and cybercrime tools.
- Three Kosovo nationals, administrators of Rydox, were arrested and face multiple charges, including identity theft and money laundering.
- The FBI and Royal Malaysian Police worked together to confiscate servers and seize cryptocurrency from the defendants.
- Nigerian national Abiola Kayode was extradited to the U.S. for a business email compromise scheme that defrauded over $6 million.
- Spanish and Peruvian authorities busted a vishing ring, arresting 83 people involved in scamming bank customers.