UniCC, the Dark Web’s Largest Stolen Credit Card Marketplace, Shuts Down

UniCC, the Dark Web’s Largest Stolen Credit Card Marketplace, Shuts DownAfter operating for nine years, the leading darknet marketplace that sold stolen credit cards has announced its retirement after building up a capital worth of $358 million, or about 2,663 crore. UniCC, a dark web market where people bought stolen credit cards, announced via the forum, in English and Russian, that it would be retiring and the platform would no longer operate. According to statistics obtained by Elliptic, a blockchain forensics company, UniCC has received payments via Bitcoin, Ether, Litecoin, and Dash since its activity from 2013. The platform used tens of thousands of credit cards at prices very low. As a result, a myriad of vendors were competing to obtain these credit cards and pay using cryptocurrency.

Declaring their retirement, UniCC hinted that the dismissal was due to age and health reasons. The announcement on the forum read: “We are not young and our health does not allow us to work like this anymore,” the BBC reported. The forum posted the last words of UniCC. “Our team is retiring.”

Credit cards listed on the platform have been stolen from various banks, payment companies and online retailers. The plethora of cards were once bought up with great interest by shoppers on the dark web, as they could be used to buy high-value items or gift cards. These valuables were then resold for cash. This whole process used to be called “Map,” a term that has become a key part of cybercriminals’ playbooks.

Lately, several platforms on the dark web have retired. Prior to UniCC, the biggest player in the stolen credit card market was Joker’s Stash, which announced its retirement in February 2021. Joker’s Stash reportedly amassed over $1 billion in capital. White House Market, the largest such darknet market, also announced its closure 8 months later in October 2021.

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