Joker's Stash, The Largest Carding Platform, Announced Closure

The administration of the largest darknet trading platform Joker's Stash, specializing in the sale of compromised payment data, announced its intention to scale back its operations on February 15, 2021. The operator of the site, someone under the pseudonym JokerStash, said on a Russian-language cybercriminal forum that "it's time for us to leave forever" and "we will never open again."

“The Joker is retiring on a well-deserved retirement. Joker's Stash is closing. When we opened a few years ago, no one knew us. Today we are one of the largest markets for cards / dumps, ”the message says.

The reason for the closure of the site has not been disclosed, but it may be a law enforcement operation against Joker's Stash. For example, in December last year it was reported that the FBI managed to seize the external proxy server of the site, as a result of which one of its sections stopped working. Since the seized server was part of the Blockchain DNS technology, its seizure led to the shutdown of not the entire site, but only part of it.

Among other things, recently the volume of data published on Joker's Stash has significantly decreased, and users began to complain about its poor quality. In October 2020, the site was also affected by the long absence of its operator, who was hospitalized with COVID-19.

According to experts from Gemini Advisory, the reason for the closure of the trading floor could also be the rapid growth of the bitcoin rate. Last week, the value of one bitcoin reached a record high of $ 40 thousand, due to which the total value of the cryptocurrency market exceeded $ 1 trillion for the first time in history. As noted by experts, Joker's Stash is one of the "pioneers" of bitcoin, and all operations on the site are carried out using this exclusive cryptocurrency.

"This criminal is already one of the richest cybercriminals, and the jump in the exchange rate could further increase his fortune, bringing in enough money to retire," Gemini Advisory said.

“We also want to wish all young and mature cyber-gangsters not to lose themselves in the pursuit of easy money. Remember that even all the money in the world cannot make you happy, and that the most valuable things in this life are free, ”JokerStash concluded his farewell message.

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