Darknet hackers are selling crypto accounts for as low as $30 a pop

[_act_]

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

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?

[AbuBhakar]

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.

[Findingnemo]

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

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?

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.

[Coyster]

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.

[Ojima-ojo]

But I am thinking what will be the legit reason to be using a bought 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.

[paid2]

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.

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...

[348Judah]

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.

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.

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?

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.

[Nwada001]

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

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?

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.

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.

[Z390]

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

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?

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.

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.

[Potato Chips]

But I am thinking what will be the legit reason to be using a bought account?

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.

[Ultegra134]

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

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?

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.

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.

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.

[michellee]

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.

[Rikafip]

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?

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.

[vv181]

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.

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 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/).

[sheenshane]

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.

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.

[asawale]

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.

[Findingnemo]

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

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?

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.

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.

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.

[yazher]

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.

[stompix]

But I am thinking what will be the legit reason to be using a bought account?

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.

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.

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.

[Findingnemo]

~snip

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.