Russian man who sold logins to nearly 3,000 accounts gets 40 months in jail
ID: 84ed443e-9e8f-528b-9534-14b3f6ceb306
STIX ID: report--84ed443e-9e8f-528b-9534-14b3f6ceb306
Feed Name: The Register (Security)
A Russian national, Georgy Kavzharadze, was convicted for selling hundreds of thousands of stolen credentials on the Slilpp dark‑web marketplace between 2016 and 2021; U.S. authorities linked his activity to substantial fraudulent transactions and approximately $200,000 in Bitcoin withdrawals, and he was ordered to pay $1.2M in restitution. The Slilpp takedown revealed the marketplace had listed credentials for over 1,400 providers, sold an estimated 80 million credentials over its lifetime, and caused hundreds of millions of dollars in losses worldwide, illustrating the large-scale impact of criminal credential markets.
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