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[Dutch and U.S. Authorities Seize Online Fake ID Marketplace VerifTools, Which Facilitated Forged Document Transactions via Cryptocurrency] BlockBeats News, August 31, according to Decrypt, Dutch and U.S. law enforcement agencies have seized the online fake ID marketplace VerifTools. The platform sold forged documents for as low as $9 through cryptocurrency transactions, generating $6.4 million in revenue, making it one of the largest suppliers of fraudulent identity documents internationally. VerifTools required users to upload passport photos and input false data, which the site operators used to generate fake IDs. These documents were created using advanced technologies such as holograms and UV ink, making them nearly indistinguishable from genuine IDs. Payments for the forged IDs were made using cryptocurrency. The operation resulted in the seizure of 23 servers, two domains used by the VerifTools marketplace, and a promotional blog.

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