UniCC, the biggest dark web marketplace for stolen credit and debit cards, has announced that it is shutting its operations after earning $358 million in purchases using cryptocurrencies such as Bitcoin, Litecoin, Ether, and Dash.
UniCC has been online since 2013, and they've posted thousands of stolen credit cards for sale every single day. The UniCC team also gave its users 10 days to spend their balances, while also warning customers to not follow any fakes tied to a comeback.
UniCC is also the latest in a growing list of criminal marketplaces voluntarily shut down in the last six months. The anonymous operators of UniCC, in a farewell posted on dark web carding forums, said, “Don't build any conspiracy theories about us leaving. It is a weighted decision; we are not young and our health does not allow us to work like this any longer.”
Platforms such as UniCC function as an underground marketplace wherein credit card details stolen from online retailers, banks, and payments companies by injecting malicious skimmers are trafficked in exchange for cryptocurrency.
The stolen cards have value because they can still be used by criminals to buy high-value items or gift cards. The criminals can then resell these for cash. The closure of UniCC comes just under a year after another well-known illegal marketplace retired, Joker's Stash.
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