Sergey Medvedev told the US court that he was the creator of the Infraud criminal service, which was used to sell stolen data from credit cards, spread viruses and other purposes. Payment occurred in bitcoin and other digital money. US law enforcement officers found that Infraud was founded in 2010 by a citizen Of Ukraine by Svyatoslav Bondarenko. Medvedev is also considered one of the organizers.
According to the Ministry of Justice, by March 2017, almost 11 thousand people were involved in the activities of Infraud. Payment through the dacrnet marketplace was carried out using cryptocurrencies.
“Over the course of its seven-year history, Infraud caused an estimated loss of about $ 2.2 billion and more than $ 568 million in actual losses to a wide range of financial institutions, sellers and individuals,” the Justice Ministry said.
From October 2010 to February 2018, 4 million Visa, MasterCard, American Express, and Discover Card customers’ card payment data were sold through Infraud, the court said.
Recall that the FBI detained Medvedev in February 2018. At the same time, the Infraud server was closed. During a search on Medvedev’s accounts, FBI employees discovered 100 thousand bitcoins. “Sergei Medvedev, aka Stells, segmed, serjbear, from the Russian Federation, pleaded guilty to US District Court judge James Mahan in Nevada,” the agency writes.