Connecticut Hacker Created Darknet Phishing Sites To Steal Bitcoins

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A resident of Connecticut has been arrested for stealing Bitcoins and phishing for deep web logins. By posting links to fake darknet marketplaces, Michael Richo managed to collect a large amount of platform logins from other deep web users. With this information, he was also able to access the original accounts, and empty bitcoin wallets if they contained any balance.

The FBI and other law enforcement agencies have been keeping a close eye on the darknet marketplace sector as of late. During one of their investigations, they came across a person building clone websites of platforms such as AlphaBay. As it turns out, these were deliberate phishing attempts to collect login information from users and hack their accounts.

Phishing The Darknet For Logins and Bitcoins

After being arrested by the New Haven Division cybercrime squad, it didn’t take long for Richo to admit he was running a phishing scheme. Moreover, he admitted he created the websites, submitted the links to popular platforms, and stealing Bitcoins. For now, it remains unclear where the links were posted, albeit Reddit and darknet forums seem to be likely candidates.

Once the username and password for a particular platform were collected, Richo would access that account

Read more ... source: NewsBTC USA

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