TechFlow news — On November 22, according to Bitcoin.com, the U.S. Department of Justice announced the seizure of the cybercrime platform Popeyetools and filed charges against its administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza, accusing them of selling stolen financial data and facilitating ransomware attacks and fraud schemes. Since 2016, the platform has generated $1.7 million in revenue through cryptocurrency payments and other means by selling stolen credit card data and personally identifiable information. Law enforcement also seized $283,000 worth of cryptocurrency from a wallet controlled by Sami.
U.S. prosecutors stated that this operation was made possible through international law enforcement cooperation, successfully dismantling a platform that offered services such as "Live Fullz" and financial data verification tools. If convicted, each defendant faces up to 10 years in prison for each charge.
