Threat intelligence firm Intel 471 posted a blog expressing that Joker's Stash's fall comes after an extremely tempestuous close to 2020, documenting the website's end. In October, the individual who purportedly runs the site declared that he had contracted COVID-19, going through seven days in the hospital. The condition has influenced the site's forums, inventory replenishments, and different tasks. Intel 471 likewise found that the customers of the site were complaining that the shop's payment card data quality was progressively poor.
The FBI and Interpol held onto four domains operated by the marketplace. During that time, the site's administrators said the law enforcement crackdown left just restricted effect on the site, the domains were just utilized as proxies to reroute clients from landing pages to the genuine marketplace, and that authorities didn't hold onto any servers containing card or client information. Despite the fact that the seizure didn't have a lot of effects, it chiefly influenced the site's reputation and made clients feel that the once-untouchable Joker's Stash was presently an open book for law enforcement agencies.
The Joker's Stash admin didn't give more insights about the choice to close down the site. They may have chosen to stop as opposed to being taken down by the law enforcement agencies. Nonetheless, that doesn't infer that the site's administrator is now immune to prosecution. Prior to its declaration of closing down, the Joker's Stash was viewed as perhaps the most profitable cybercrime operations today.
As indicated by Christopher Thomas, Intelligence Production Analyst at Gemini Advisory, the shop is assessed to have made countless dollars in illicit profits, despite the fact that this cash also goes to the vendors themselves. Joker's Stash has been working since October 7, 2014. Last year alone, the site had posted more than 35 million CP (card present) records and in excess of 8 million CNP (card not present) records.
The site's administrator intends to wipe all servers and backups when they shut their operations next month.
