Finally!! Raidforum has been seized by FBI
By MYBRANDBOOK
The RAID Forums has been seized by the Federal Bureau of Investigation, the united Nations Secret Services and the Department of justice in accordance with a seizure warrant issued against the domain of what it calls "one of the world's largest hacker forums" and indicted its founder, the Department of Justice announced Tuesday. In the raid, the Europol and law enforcement agencies from Sweden, Romania, Portugal, Germany, and the UK were also involved.
RaidForums founder and chief administrator, Diogo Santos Coelho, a 21-year-old from Portugal, was arrested in the UK on January 31 and is in custody pending the outcome of extradition proceedings. The case in US District Court for the Eastern District of Virginia was unsealed Monday. Two accomplices were also arrested, according to Europol.
RaidForums served as a major online marketplace for individuals to buy and sell hacked or stolen databases containing the sensitive personal and financial information of victims in the United States and elsewhere, including stolen bank routing and account numbers, credit card information, login credentials and social security numbers.
Over the years as trading in hacked databases became big business, RaidForums emerged as the go-to place for English-speaking hackers to peddle their wares." The Krebs article said that "the FBI had been secretly operating the RaidForums website for weeks" before the seizure. Prior to its seizure, RaidForums members used the platform to offer for sale hundreds of databases of stolen data containing more than 10 billion unique records for individuals residing in the United States and internationally.
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