FBI busts alleged BreachForums admin ‘IntelBroker’ with $250 Bitcoin sting
British national Kai West, known online as “IntelBroker,” has been indicted for allegedly selling stolen data on BreachForums, causing over $25 million in damages.
A British man accused of operating under the alias “IntelBroker” on cybercrime forums has been indicted for allegedly selling stolen data in a case that caused more than $25 million in damages
The US Southern District of New York Attorney’s Office announced Kai West’s indictment on Wednesday. West allegedly operated on online black markets under the IntelBroker pseudonym and caused in excess of $25 million in damages to victims.
Former US Securities and Exchange Commission (SEC) Chairman and attorney Jay Clayton was among the people responsible for unsealing the indictment. “This action reflects the FBI’s commitment to pursuing cybercriminals around the world,” he said.