Dutch and US Authorities Seize Online Fake ID Trading Platform VerifTools
BlockBeats News, August 31st, according to Decrypt's report, Dutch and U.S. law enforcement agencies have seized the online fake ID trading platform VerifTools. The marketplace sold counterfeit documents for as low as $9 in cryptocurrency, generating $6.4 million in revenue, making it one of the world's largest fraudulent identity document suppliers. VerifTools required users to upload a passport photo and enter fake data, which the website operators used to create fake ID documents. These documents were nearly indistinguishable from real ones, utilizing advanced techniques such as holograms and UV ink. Users ultimately paid for the forged IDs using cryptocurrency. The operation seized 23 servers, two domain names used by the VerifTools marketplace, and a promotional blog.
You may also like
Gainers
Latest Crypto News
Japanese 30-Year Government Bond Yield Hits Record High, Market Discusses Central Bank's Rate Hike Possibility
Top Whale Movements Overview: <br> "Whale Pal" Longs Liquidated Multiple Times, "CZ's Countertrade" ETH Longs Facing $21.22M Unrealized Loss
HumidiFi Tokenomics: 10% Allocated for ICO Event
Chinese Shanxi Court Uncovers USDT-related Fraud Case, Two Accomplices Sentenced Heavily
Analysis: The main reason for the recent cryptocurrency market crash was the Bank of Japan hinting at a rate hike and market concerns about a potential "Strategy" disaster.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]