Diogo Santos Coelho, the owner of RaidForums, who resides in the UK, may be deported to the US on counts of conspiracy, accessibility device fraud, and severe identity theft. raidforums babuk europol 500k ilascubleepingcomputer.
As part of an investigation led by Europol and involving law enforcement authorities from various nations, the US government shut down the hacker forum RaidForums and confiscated its domains from cybercriminals who mostly used it to acquire and sell stolen databases.
According to US Justice Department (DOJ) associate attorney-general Kenneth Polite Jr., “the removal of this online market for the resale of compromised or stolen data undermines one of the key ways hackers benefit from the large-scale theft of confidential financial and personal information.”
Before the forum’s confiscation, the DOJ claimed that more than 10 billion unique records for people were available for sale in several stolen data databases.
The RaidForums hacker forum was shut down as part of the international enforcement procedure known as Operation Tourniquet, which involved collaboration between Europol, the UK National Crime Agency (NCA), the US Justice Department, as well as law enforcement officials from Portugal, Sweden, and Romania.
The several nations collaborated on this investigation for at minimum a year through Europol’s Joint Cybercrime Action Taskforce, where authorities shared information to help detectives pinpoint the multiple positions played by the people in charge of running the market, according to Europol.
Diogo Santos Coelho, the chief administrator and founding member of RaidForums from Portugal, who was detained in the UK in January, has also been charged in the US. Coelho has been charged with operating the forum, which involved setting up a membership program where site visitors could pay for access to chatrooms where they could trade links, images, and other information related to cybercrime.
In conjunction with his function as RaidForums’ chief administrator, allegations against him include conspiracy, access device deception, and felony identity theft.