US authorities shut down BidenCash marketplace, seize crypto and stolen data

Several crypto assets have been confiscated in the recent raid of the online dark web marketplace BidenCash by United States law enforcement.

On Wednesday, June 4, 2025, the U.S. Attorney’s Office for the Eastern District of Virginia announced its crackdown on the BidenCash marketplace, a darknet platform that facilitated illegal acts of buying and selling stolen credit cards and associated personal information.

The bust resulted in the confiscation of cryptocurrency funds associated with the platform, and 145 darknet and traditional internet domains.

While authorities did not disclose the total of the seized crypto assets, Court records confirm that they obtained legal approval to seize the cryptocurrency wallets connected to the platform’s illegal transactions. 

The takedown comes amid a growing wave of threats from dark web marketplaces, also targeting crypto platforms and their users. In March 2025, threat actors on similar platforms claimed to have breached crypto exchange Binance, putting over 132,000 individuals’ data including emails and passwords up for sale.

Binance promptly refuted the claims, stating that internal investigation by its security team found no evidence that the data leak originated from its platform. Shortly after, another notice emerged involving Gemini. A user on The Dark Web Informer, a cyber threat intelligence platform, claimed to have obtained access to the exchange’s internal database, allegedly getting around 100,000 sensitive records including full names, email addresses, phone numbers, and location data.

The BidenCash marketplace domains will no longer be operational, now redirected to a U.S. law enforcement-controlled server, preventing future criminal activity on these sites.