In a decisive blow to cybercrime, the United States judiciary has imposed a 40-month prison term on a Russian national for trafficking in stolen financial data. Georgy Kavzharadze, 27, known in the digital underworld by aliases such as “TeRorPP,” “Torqovec,” and “PlutuSS,” faced justice after his extradition to the U.S. in 2022. His guilty plea earlier this year led to a court-ordered restitution of $1.2 million—the proceeds of his illicit enterprise.
From 2016 to 2021, Kavzharadze turned the Slilpp marketplace into a bazaar of digital malfeasance, listing over 620,000 stolen credentials and successfully selling nearly half. These transactions granted buyers the keys to the financial kingdoms of unsuspecting victims, with the potential to drain online payment and bank accounts.
The scope of Kavzharadze’s operation was vast, spanning banks across New York, California, Nevada, and Georgia, with bitcoin as the currency of choice for these nefarious sales.
The takedown of Slilpp by law enforcement in 2021 marked the end of its nine-year reign as a hub for over 80 million stolen credentials from more than 1,400 victimized companies. The seized database of Slilpp now serves as a trove of evidence, chronicling the transactions and participants in this shadow economy, including detailed records of the accounts used to facilitate the buying and selling of access to victims’ lives.
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