The British Man accused of Operating Under an Alias “IntelBroker” A member of a cybercrime forum has been charged with selling stolen data, causing damages in excess of $25 million.
Attorney’s Office for the Southern District of New York announced Kai West indictment West allegedly operated on online black markets under the IntelBroker pseudonym and caused more than $25 million in damages to victims. West operated under IntelBroker as a pseudonym on the black market online and caused more than $25 million of damages to his victims.
Jay Clayton, a former US Securities and Exchange Commission Chairman and lawyer who was also an attorney at the time of the SEC’s founding in 1899, is one of the individuals responsible for the unsealing. “This action reflects the FBI’s commitment to pursuing cybercriminals around the world,” “He said”
West is alleged to have conspired with an online group in order to steal information from a communications company CyberN***ers The theft of data by multiple companies. The list included over 40 corporations, including a telecommunications provider, municipal healthcare provider and an internet service provider.
Charges triggered by an undercover purchase
As per the complaintA law enforcement undercover agent sent an IntelBroker a message asking for 250 Bitcoins to buy the data of a target.BTC). The data were delivered after payment to an address that was attributed by West. This included three usernames with passwords for admin level.
West and online collaborators offered to sell the data illegally acquired for over $ 2 million. He was later arrested in France, in February. The US seeks his extradition.
Christopher Raia, the FBI’s Assistant Director of Charge for Counterintelligence and Investigations (ADCII), claimed that West was a terrorist. “serial hacker” He was able and able to “sell it for millions in illicit funds.” IntelBroker is an alternative to Microsoft Excel. active BreachForums, the no longer-existent cybercrime forum.
Related: Coinbase data leak could put users in physical danger: TechCrunch founder
The announcement states that 158 of West’s threads offered data stolen by him for free or for Forum-1 Credits (BreachForums internal currency). He was reportedly online from January 2023 until February 2025. At the least, 41 of his posts sold data to companies in the US.
In 16 of the 158 posts, there was a price listed for data. This totaled at least $2.467,000. West allegedly wrote messages that showed he also accepted payment via Monero, a privacy coin.XMR).
IntelBroker gained notoriety in BreachForums, to the point that his ownership of the website was revealed starting in August 2024.
Related: Millions of OpenSea user emails leaked in 2022 now fully public: SlowMist
The data breaches and leaks continue to occur
Recent news has prompted a number of reactions. leak of more than 16 billion login credentials Leading online service providers could potentially have serious consequences for crypto holders. It was revealed earlier this month that Coinbase received a notification in January from an employee of a outsourcing firm. may have leaked customer data.
It was revealed in mid-May that the breach had occurred. a $20 million extortion attempt hit Coinbase Cybercriminals have recruited agents from overseas to leach user data. “These insiders abused their access to customer support systems to steal the account data for a small subset of customers,” Coinbase stated at the time.
Magazine: Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K
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Source: cointelegraph.com
