Odaily News British man Kai West was accused of using the alias "IntelBroker" to conduct activities on cybercrime forums and was prosecuted for allegedly selling stolen data. The case has caused more than $25 million in losses. The U.S. Attorney's Office for the Southern District of New York announced that it has prosecuted Kai West. According to information disclosed in the indictment, an undercover law enforcement officer sent a private message to "IntelBroker" to purchase a victim's data for $250 worth of Bitcoin (BTC). The other party provided an address belonging to West. After the payment was completed, the other party delivered the data, which allegedly included three administrator-level usernames and passwords. He was subsequently arrested in France in February of this year, and the United States is currently seeking his extradition. (Cointelegraph)