By Dancho Danchev
In 2013, Liberty Reserve and Web Money remain the payment method of choice for the majority of Russian/Eastern European cybercriminals. Cybercrime-as-a-Service underground market propositions, malware crypters, R.A.Ts (Remote Access Trojans), brute-forcing tools etc. virtually every underground market product/service is available for purchase through the use of these ubiquitous virtual currencies.
What’s the situation on the international underground market? Next to accepting PayPal and consequently all major credit cards, we’ve been observing an increase in market propositions starting to accept Bitcoins. Is this a trend or a fad, and does the currency’s P2P model about to be embraced ecosystem-wide due to its (current) pseudo-anonymous model?
Let’s find out.
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