British man suspected of using an alias “IntelBroker” On cybercrime forums, an individual has been arrested for selling stolen information in a case which caused damages of more than 25 million dollars.
Attorney’s Office for the Southern District of New York announced Kai West indictment On Wednesday. 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, internet service provider, as well as a provider of Internet services.
Purchases made undercover trigger charges
The complaintAn undercover police agent sent a personal message to IntelBroker asking to buy data from a victim in exchange for $250 of Bitcoin.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 reportedly sold the illegally obtained data online for more than $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 he could “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 a review was conducted of the 158 posts allegedly created by West. These threads offered data stolen for sale in Forum-1 Credits (BreachForums internal currency) as well as free. According to the announcement, he was active between January 2023 and February 2025. At least 41 threads of his sold data from US-based companies.
The 16 threads included specific prices for the data. That’s a sum of $2,467,000. West allegedly wrote messages that showed he also accepted payment via Monero, a privacy coin.XMR).
IntelBroker became so well-known on BreachForums that, starting August 2024, he began to be identified as its owner.
Related: Millions of OpenSea user emails leaked in 2022 now fully public: SlowMist
The data breaches and leaks continue to occur
News of the latest 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 After cybercriminals hired overseas agents to leak data, “These insiders abused their access to customer support systems to steal the account data for a small subset of customers,” Coinbase at that time said.
Magazine: Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K
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Source: cointelegraph.com
