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Buffalo man pleads guilty to purchasing stolen data from ‘Genesis Market’

Buffalo man pleads guilty to purchasing stolen data from ‘Genesis Market’

BUFFALO, N.Y. (WKBW) — A Buffalo man was sentenced to prison for purchasing stolen data from “Genesis Market,” a criminal online marketplace.

The U.S. Attorney’s Office announced that Wul Isaac Chol, 27, convicted of possessing at least 15 unauthorized access devices with intent to defraud, was sentenced to 20 months in prison by District Judge American John L. Sinatra, Jr..

According to the U.S. Attorney’s Office, Genesis Market is an online marketplace whose operators compile stolen data and package it for sale. Purchases are made using virtual currency, such as Bitcoin.

Between June 2019 and January 2021, Chol deposited approximately $105.08 worth of Bitcoin into a Genesis account he had created and used the funds to purchase 21 unauthorized access device packages containing approximately 778 unauthorized access devices. Additionally, Chol admitted to obtaining $25,164.00 from the New York State Department of Labor without authorization.

A federal grand jury returned an indictment Friday charging Buffalo Police Detective Terrance Michael Ciszek, 34, aka DrMonster, with possession of unauthorized access devices with intent to defraud and making a false statement to an agency of the United States. The charges carry a maximum sentence of 10 years in prison. You can find out more here.

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