A British individual, known as “IntelBroker” on the Cybercrime Forum, has been charged with selling stolen data, leading to damages exceeding $25 million.
The US Southern District Lawyers’ Office in New York announced the charges on Wednesday. It’s reported that this person, operating under the alias IntelBroker, played a significant role in causing extensive financial harm.
Former SEC Chairman Jay Clayton commented on the indictment, highlighting the FBI’s commitment to tackling cybercrime globally.
Allegedly, West was part of a group that stole data from various telecommunications firms. This included local health providers, internet service companies, and over 40 other businesses, raising concerns about the scale of the breaches.
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The complaint states that an undercover law enforcement agent contacted IntelBroker to buy stolen victim data for $250 in Bitcoin. Following the payment, data was provided, including administrator-level usernames and passwords.
It appears that West and his associates managed to sell illegally obtained information for over $2 million. West was arrested in France back in February, with the US now pursuing his extradition.
According to Christopher Raia, an assistant director at the FBI, West is considered a “serial hacker” capable of generating millions through illicit sales. IntelBroker was noted to be active on the now-defunct Cybercrime Forum.
Reviews of 158 threads allegedly associated with West reveal that he offered data and Forum-1 credits for free. He reportedly operated from around January 2023 to February 2025, with at least 41 threads linked to US businesses.
Among those 158 threads, 16 contained specific pricing for data, summing up to at least $2,467,000. Payments were reportedly accepted in Privacy Coin Monero.
IntelBroker has gained a reputation for various violations, being identified as a site owner since August 2024.
Data leaks and violations continue to occur
This news follows a major recent leak of over 16 billion login credentials from prominent online service providers, posing risks for cryptocurrency holders. Earlier this month, reports indicated that Coinbase was informed back in January about a potential data leak involving an employee from an outsourcing company.
The breach was made public in mid-May, following a $20 million terror attempt against Coinbase, where a cybercriminal engaged overseas agents to leak user information. Coinbase acknowledged that insiders misused their access to customer support, leading to the theft of account data for some customers.
