UniCC Shuts Down Darknet Marketplaces For Stolen Credit Cards

UniCC shuts down darknet marketplaces for stolen credit cards

It is estimated that the darknet market for stolen credit cards generated $358 million (£260 million) in revenue for the operators of one of the largest illicit marketplaces for stolen credit cards, who are now retiring.

Despite the fact that the criminal website, UniCC, and its anonymous proprietors expressed gratitude to the criminal community for supporting their businesses thus far, they were forced to close their operations due to age and health concerns.

There were a number of additional illicit darknet marketplaces that shut down voluntarily over the winter for unknown reasons. The pattern, on the other hand, is causing consternation among police officers.

The darknet is a portion of the internet that can only be accessed through the use of specialized browser software such as Tor.

UniCC has been in operation since 2013, advertising the sale of tens of thousands of new stolen credit cards on a daily basis on their website.

In the past few years, hundreds of millions of payment card numbers have been stolen from online retailers, banks, and other financial institutions and sold on online marketplaces such as UniCC.

Having value because they can be used to purchase high-priced items or gift cards that can be resold for cash makes these cards extremely valuable.

Unicc's demise comes less than a year after the previous market leader, Joker's Stash, stepped down from his position as leader.