Connecticut Hacker Created Darknet Phishing Sites To Steal Bitcoins

The investigation revealed Richo used Bitcoin Fog, a coin tumbler that allegedly provides anonymity. Once that process was completed, the ‘clean’ Bitcoins would be sold through LocalBitcoins in exchange for US Dollars deposited into a bank account.
A resident of Connecticut has been arrested for stealing Bitcoins and phishing for deep web logins. By posting links to fake darknet marketplaces, Michael Richo managed to collect a large amount of platform logins from other deep web users. With this information, he was also able to access the original accounts, and empty bitcoin wallets if they contained any balance.
The FBI and other law enforcement agencies have been keeping a close eye on the darknet marketplace sector as of late. During one of their investigations, they came across a person building clone websites of platforms such as AlphaBay. As it turns out, these were deliberate phishing attempts to collect login information from users and hack their accounts.

This post was published at NewsBTC