WASHINGTON — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action to designate Genesis Market, one of the world’s largest illicit marketplaces, for its part in the theft and sale of device credentials and related sensitive information. Genesis Market gains unauthorized access to victim devices and offers stolen data, including usernames and passwords, for sale. This action was coordinated with the U.S. Department of Justice (DOJ) and international partners from a dozen countries, who are taking law enforcement actions against Genesis Market users across multiple jurisdictions and seizing the website domains associated with Genesis Market.
“The United States, along with our international partners, will not allow illicit marketplaces to operate with impunity,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “Treasury will continue to work closely with our law enforcement colleagues to disrupt this activity and hold malign cyber actors accountable.”