Bristol men arrested after FBI investigation into criminal marketplaces
The international operation saw the take down of Genesis Market
Last updated 5th Apr 2023
Three Bristol men are being investigated as part of an international operation that saw the take down of one of the biggest online marketplaces selling stolen credentials to criminals worldwide.
Raids were carried out by police in Eastville and Snyd on Tuesday morning.
A 24-year-old man from Eastville was arrested on suspicion of Computer Misuse Act and has been released under investigation, while a 29-year-old man from Eastville was arrested on suspicion of Computer Misuse Act. He has also been released under investigation.
The third man - a 21-year-old from Lawrence Weston - was voluntarily interviewed to assist the investigation.
The international operation, which involved 17 countries and was led by the FBI and Dutch National Police, saw Genesis Market taken offline yesterday.
UK activity was coordinated by the National Crime Agency, who have described Genesis Market as a ‘go-to service for criminals seeking to defraud victims’. It hosted around 80 million credentials and digital fingerprints stolen from over two million people.
Detective Inspector Ross Flay from SWROCU said: “Genesis Market traded in digital identities, providing criminals with the details they needed to gain access and steal from victims, either by directly moving money out of an account or using the credentials to pay for goods and services.
“It shows the link between cyber crime and fraud, which is now the crime type that affects the most people in the UK.
“As well as the arrests yesterday, we have information about several other potential users of the platform across the region who will be visited by SWROCU or their force cyber officers in the coming weeks.
“Enforcement is just one part of this: it’s vital people take action to protect themselves by identifying whether their data has been compromised using the dedicated website and following the steps outlined by the NCA. Ultimately, whether people have been affected by Genesis or not, the advice to secure your devices and online accounts applies to everyone.”