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23 September 2019

A New Way of Trading BTC for Cash Has Emerged on the Dark Web

A New Way of Trading BTC for Cash Has Emerged on the Dark Web


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With this new BTC to cash transfer method, one is probably wondering, “Why would a hacker or dark market individual seek to exchange so much for so little.

 For those scammers who don’t possess the technical skills and a robust money mule network to monetize online bank account or credit card credentials, this is an offer that can be very attractive.

The threat actors are still selling financial account and credit card credentials outright, but this clever service gives them an additional channel for monetizing the large amounts of financial data available on the underground.

They can take this data and sell it to other dark web users for a profit.

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