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The "Valid" label implies the data has been put through a "checker" tool to confirm the accounts are currently active and the passwords work.

If you have discovered such a file on your system or network, it is recommended to treat it as a and perform a full malware scan using updated security software. Illegal File Sharing Risk and Legal Alternatives - InfoSec Download 249k Mixed Valid txt

Files labeled this way on public forums or file-sharing sites are frequently "bait" used to spread malware. Active Countermeasures notes that even seemingly simple text or data files can be used in malicious ways, such as Command & Control (C2) operations. The "Valid" label implies the data has been