Bitcoin Forum

I was thinking who are the people that will buy these accounts? Only what that comes to my mind is that the scammers will be the people that will like to buy such accounts. I am also thinking that it can be beyond only hacked accounts because it is possible for people's KYC to be breached and stolen from exchanges and the platforms that the exchanges are giving the KYC.

Darknet hackers are selling crypto accounts for as low as $30 a pop (https://cointelegraph.com/news/darknet-hackers-are-selling-crypto-accounts-for-as-low-as-30-a-pop)

Do not think everything you see on the web is true. Some people are using bought verified account. But I am thinking what will be the legit reason to be using a bought account?

I believe the possible buyer of these kind of account are those who wants to launder money easily. There’s no way a regular trader will be interested on someone account because they can easily create one for them and also same as you mentioned, It’s a complete of contract with the exchange ToS.

I saw some user here that buying this kind of account. Money laundering or someone that doesn’t want to provide KYC on exchange but they want to use CEX are the only user that will purchased this scammish offer.

This is the danger of using CEX. Imagine criminal using your account on illegal activities and interpol will make a lead against you for the crime.

First of all buying hacked account is useless because even if the hacker can provide the login credentials on an exchange account you still can't login without authorisation link which will be sent to the email you used for registration and this security feature is called login shield which prevents logging in from new device until we give authorisation.

There can be no other reason than scamming others using the account or possibly to launder the money but doing it is highly risky cause you can't deposit fiat to most exchange from third party accounts so you can use it for crypto to crypto conversion only.

Selling people's data and account in the dark web is not a new thing, though i think selling personal data is more popular than selling accounts and can be used quicker and more efficiently by the buyers, they could spread phishing links easily through bought email addresses, and they can also use personal information of the victims for identity theft, plus many other options available to these hackers/scammers.

Having said that, buying a hacked cryptocurrency exchange account might be difficult to use for the buyer, the buyers are definitely money launderers who for obvious reasons want to evade KYC, but i don't think they can successfully use a hacked exchange account without first compromising the email address or SIM card connected to the exchange account.

There is no legit reason to buy an account, since the primary aim is to operate under a false identity so that has overridden any possible legit reason if there is any at all, anybody buying an account is already with a settled mindset to carry out some form of abuse of the system either for criminal intent or civil crime intent but whichever ways crime is a crime either it falls between crime such as scamming,  hacking and phishing intent, or using those bought account to transact I'm a restricted area such as those buying gambling sites account just to be able to bypass restriction to gamble on the casino, this may not look as a crime but then false identity claims is still punishable under any circumstance.

Anyone using the darknet is already considered a criminal intent person because 90% of the activities that go on in the darknet are all criminal and contraband goods digitally, so I am discouraged from using the darknet, so I never try visiting the site, I am sure anyone who does not have any criminal intention will be ok with building any account in their identity and will not mind going through the ranking processes of any platform and anyone looking to cut corners are that buying account in any forms.

The people who would like to buy these accounts could be those from restricted countries, e.g. Syria, North Korea, Iran etc.
There are also those who want to launder money, and who have funds from fraud/illegal sources.

But in any case it would be a beginner's mistake to buy such accounts, as generally only withdrawals to a bank account/CC in the name used for KYC are accepted. Also, if the CEX asks you for a redo-KYC (Binance speciality in Europe), EDD or SOF justification, you will be unable to provide one.

There is a very good chance that these ads are just scams, and if they are not, that the buyers end up with accounts that are already flagged...

Anything not worked for can be sold at any prize, that's why u always pity those that buy accounts from others bot knowing they were already patronizing a scammer and hacker, as for those using centralized exchanges, that's the way they will ended up if the exchange got attacked by this same kind of people, all these are what we should be careful of, our information is part of our security to private life abd assets.


1. Because people are lazy to create time in building their own.
2. Because it can also serve as an avenue to aid or boost their own attempts for scam related acts.
3. Because they want to make money quickly and want to byepass the due process
4. Because of their ignorance and lack of self-control, such are indisciplined set of people that have nothing abd don't mind e everyone having to loose everything.

Taking from your explanation, if it's only from that point, it's not useless. What do you really think of these hackers?
These hackers don't just hack the exchange account they want to sell; they start by penetrating the email. That's where I believe they start, and these emails can give them access to whatever they want for those that make the mistake of backing up their passwords on their mail.

So if the hacker is to sell the account to any potential buyer, they will sell it together with the email and whatever authorization tools the exchange will need to give the user complete access to the account. It will now be left for the new owner to change those security settings.

I believe those hackers will still plant some sort of thing on the mail or even activate some kind of trusted device settings, which will allow them some way to gain back access to the account if the new owner eventually funds it. Those hackers are never to be trusted and are not the kind to engage in any sort of business deal with.

You are right, I believe that binance exchange have compulsory at least one verification for each account on their exchange before users can be able to withdraw their funds, so I don't understand what OP is talking here unless this is an old trick.

Some exchange users are stupid, that even if any exchange don't care about verification before withdrawing they will continue to use their accounts without setting some extra security because of hackers, but today almost all crypto exchanges have compulsory additional security for the user.

Privacy reasons, perhaps.

But if these are truly hacked accounts and not hacked data turned into verified accounts. I would imagine scammers or people dealing with fairly good amount of money would want better standing account/s because in this case, there's always the risk of original owner noticing something is up or the account being subjected to yet another kyc.

I've accessed the darknet markets in the past and have seen credit card and account sales; however, I'm not quite sure how legit these sales are; it's the darknet after all.

Binance has second-factor authentication, either through a mobile phone or email; Kraken does too. I've used both and always had to go through 2FA. How would someone take advantage of such accounts when they're going to ask for further verification for every single process you do, especially if it's regarding a withdrawal or changing your withdrawal address and personal details? I highly believe that a large number of these sales are a scam to attempt to trick people who think they can basically purchase money with money.

Those who bought the accounts were people who wanted to hide themselves from KYC verification or were from countries where exchanges banned them so they decided to buy other people's accounts that hackers sold. But I don't think it will be safe for the people buying those accounts because the exchange will check the account and there is a possibility that the exchange will ban it.

But that won't stop people who want to do money laundering activities because they can easily buy another account when their account is blocked.

But it's also possible that those who buy those accounts are scammers so they can use them to scam other people. It could be anyone who buys the accounts being sold because they have to hide their identity by using someone else's account when they want to do something illegal.

Hm, I don't know about you but its been a long time since Binance asked for any sort of additional verification when I wanted to withdraw the crypto. The only time when they regularly ask for 2FA is when I want to pay something online with their card but I don't think that people buy accounts for that purpose. My guess is that traders are simply using it untill they get asked for 2FA verification and after that they simply ditch the account.

Some people do still not utilize password manager and reuse the same password over all of their accounts. It is a possibility that some of the hacked accounts are using the same password as the connected email. That will surely ease the burden of the hackers or the account buyers, with that said, it is necessary for us to utilize basic recommended digital security practices, as has been said in the original source of the referred article(https://www.privacyaffairs.com/dark-web-price-index-2023/).

IMO, no one will buy, and no one will put themselves at risk of their fund by buying such an account.
Accounts that have been sold on the darknet are often fraudulent and can put buyers at risk of identity theft and potentially become a financial loss.

It might be if someone wants to buy, it could be a scammer too.
The reason could be used in fraudulent activities such as scamming other users on the same platform.

People might be using a bought verified account as a result of cryptocurrency law in the country of origin or residence. Just that most of the people using it are using it for fraud. And i still wonder why someone will place his identity on an account and sell it. If such account is traced to involving in fraud, i doubt the seller that whose identity is on the account can prove his own innocence.

I haven't got any opportunity to see what they are selling but if they are selling exchange credentials along with the email they used for registration credentials then it will be useful for the buyer but no one with the good intention is going to get such account because they know its highly risky to deposit funds into those accounts and the original owner may claim back the access at any time by contacting the exchange.

Those who buy them are not gonna use those accounts for good and are too bad for the owners of accounts and their KYC will be compromised and has a high chance to be used in some bad ways. Others might use it to only keep their money outside the eyes of the government to get away from paying huge taxes but the problem is for those people who are innocent and they don't have any idea what would happen to them when their account that stolen is being used by another scammer that would later be tracked and their address will be the one to be there.

A legit reason to buy a stolen account? Hardly!
The only one you could claim as legit from a moral point of view was mentioned before, as being a citizen of a banned country and you have no other way of dealing with exchanges, but you still
- use someone else identity and might land him in trouble
- break the rules of the said exchange.

So, no, there is no such thing, forget the exchange itself, you're stealing someone's identity and using it, which is a crime.


Almost all of those hacked accounts are clear, everything has been replaced, thieves even sell more expensive verified accounts, with full F2A enabled, and new email address access. Do you really think all those darknet sellers and buyers are that stupid?
If everything would have been a scam, do you think you would still have darknet marketplaces with thousands of users?

Anyhow, a ton of those accounts are not even hacked, they are simply accounts created with stolen IDs, far easier and cheaper, with everyone throwing their documents at every scam requiring KYC the price for a full set has gone down you can buy it for pennies.

As I said I am unaware of those hacked exchange accounts but I know in darknet people sell stolen credit cards which we can buy for very cheap but at the end of the day we will definitely get caught if we use hacked credit card to make any purchase.

Okay let's talk about creating an account using the stolen KYC documents is not easy either because most of the exchange requires selfie while submitting documents for verification to verify the liveness of the person which also can be helpful to avoid using account with someone's documents.

Yes if you use hacked credit card to purchase anything eventually you will end up caught scamming. So the exchange will ban your account or hold your account for further investigation. I used to take free trials with fake cc and someday after the account got banned by the company. So it was just waste of time that moment.

There's no legit reason for anyone to use a bought exchange account because the major reason in the first place is to either use the account to launder money through crypto or use the account to request a loan from the exchange site.
In the meantime, due to different hacks and data breach happening lately, I think it's time every crypto enthusiast make security their top priority.

To all of the above, we can add that hacked accounts sometimes have a certain amount on them. The price varies depending on how much is in the account. Hackers sometimes withdraw not everything from their accounts but leave the rest, and such accounts appear on darknet forums either for a penny or even for free.
But buyers of such goods can be held liable if they are caught, and they are responsible not only for the tiny amount that was supposedly left in the account of the hacked account, but for all those large amounts that the hacker previously stole.

Hey, Findingnemo just to point out a few of my personal observations and possible correction as the above-bolded words make you sound as of you are a culprit in the buying of accounts on the darknet, so rather than using the world, (we) better extend the sentences by replacing the world we account buyer's, just my 2 cents and back to the discussion.


Those account sellers on the darknet may choose to avoid the exchanges that require selfies because not every KYC process requires you to post your selfies and at that those account sellers can farm those accounts with stolen documents, and the possibility of replacing already verified hacked accounts details is easy such as replacing the e-mail and phone numbers and 2FA securities, this process gives the buyer a further control over those bought account but then it won't help on the long run since the account will run into troubles in the nearest future.

sometimes such offers appear on darknet marketplaces like tor2door (https://darkcatalog.com/tor2door/)...I have used tor2door multiple times to make purchases on the darknet market with best results...but to be honest I've never seen positive feedback

KYC is definitely the main purpose why hackers hack crypto accounts. but selling for $30 a pop is too much. Crypto accounts that have KYC or CEX accounts are very valuable because criminals will use them for crime.
It is quite easy if the account is hacked, just report it to customer service and it will be followed up.

Can't believe it's just $30 a pop. They must have a lot of accounts available to be able to sell at such a low price. Kind of worrying as it means our data is not secure on CEX - especially the lesser known ones. I prefer using DEX's, but we need more fully featured ones that don't charge gas fees to make each limit trade

They lowered the amount because the majority of centralized exchange now knows that there's a probability of those who undergo KYC are not the real account owner, so they ask for a selfie and they give the user a specific word to place when doing a KYC, of course, you cannot use the bought account in this situation, in the past a verified Binance account pegged $200 in the market.

That's like easy $30 for the seller. These can be faked or real but those that have been selling them have no obligation to say if they're real or not but of course they'll say that they're all legit.

Those that will buy it are probably thinking of something but then will end up with nothing. So, a scammer will scam another scammer so that's the cycle that will make them scratch their head that what they do unto others have been done onto them.

Whoever buys it have to think if they're able to use it because of different identities.

When there is a chance to get away with it, they will be using those accounts as it will be worht the risk. They already accept the loss if the ever get caught.

But credit card holders I think are also willing to sell their cards and their data for huge amount after all they are already using it as "Buy Now Pay later" so many delinquents and they may just be before selling it.

Just recently read the news and 30$ for US Verfied Bittrex account is crazy cheap but I think buying account like this has a risk right?

You cannot withdraw any pennies since they need some multiple verification code like from email, phone and 2FA, and if the KYCED user know they must report back and regain the access back by provide their data right?

Very risky

In my country Indonesia have been unusual activities when our document or data selling on dark market, many application from healthy insurance until with document ID have been easy for hacker accessing and every month our document publishing on dark market for selling. Selling verified account have been mutual habit because when SUI presale and public sale event many users sell their verified exchange account without think how their document secured at the future.

Some time ever with Pinksale pre sale project with user Indonesian ID and their selfie published because indicate as scammer, I don't sure abot they are scammer but some one else used their document trough bought verified account.

The matter to be discussed is how they get these accounts doest exchanges provide help to them or do they use any type of brute force or other way to manipulate the user's personal information?

Obviously, there will be no good use of such as you know the people who are buying such accounts and information obviously are going to use it with the wrong intentions there is no way you can prove any good intentions from the buyer. As many of the above said it can be obviously for Money Laundering and I think yes it can be.

I think there are several reasons why people buy accounts, and most especially exchange account, of which they don't need to be scammers in the first place, because one good reason why I have seen people buy account are for arbitrage (i.e people leaving in exchange restricted region), and happened to have found out that coins can be bought at cheaper rate at such exchange and transferred to be sold on a different exchange with high price for profit making. But using bought accounts can be very risky in the sense that if you happen to have a withdrawer issue on such exchange and a facial verification is needed for rectification, it will be nearly be an impossible mission since you weren't the one who verified the account.

I don't think there is any sort of legit reason to buy someone else's KYC account unless you are going to use it to launder money, evade taxes, or buy illicit goods.

IMHO, I think this is going to be a big problem in the future. Fraudulent crypto accounts will be a big problem for people as they get completely blindsided by governments asking about all of their crypto transactions and unpaid taxes on their gains.

This is near explanation about why they want to buy such KYC accounts since they want to separate up the money so that they can easily withdraw the funds they stolen somewhere. One of the reason why we shouldn't sell our accounts or even do KYC on not reputable platform or more even worse decision to be done is signing up our KYC details on airdrops since this will put us on big risk to get involve on some crime they commit.

Lets ignore the money offered since there are more other good options which we can earn decently rather than selling our KYC to unknown people.