Research: on darknet, the cost of $ 1 stolen from the bank is $ 0.1 in BTC

Armor analysts have discovered a new service on the darknet. Hackers break into bank accounts and sell stolen funds for only 10-12% of their real value in BTC equivalent.

Hackers offer to send funds to both a bank account and PayPal using Western Union. In one case, the buyer purchased $ 10,000 for $ 800, the report said.

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In Armor, they called the scheme one of the most popular offers on the darknet at the moment. The hacker himself is only engaged in hacking, and the buyer of the money is already engaged in laundering.

“This is turnkey money laundering.”

Also, darknet traditionally sells the credentials of bank accounts. Among the victims are customers of Wells Fargo, Bank of America, Lloyd's Bank and PayPal, according to the report.

At the same time, bitcoin remains the most popular cryptocurrency of the darknet economy.

Recall that in the Chinese darknet markets , the personal data of users of the Huobi cryptocurrency exchange were sold – at least that was what the sellers themselves claimed.

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