Key facts
- The scam network primarily targeted Russian-speaking Americans.
US authorities dismantle crypto scam network that stole tens of millions
IN SHORT
US authorities have dismantled a cryptocurrency scam network accused of stealing tens of millions of dollars from primarily Russian-speaking Americans. The operation, announced Wednesday, resulted in the seizure of 112 servers and the shutdown of 241 websites linked to the elaborate investment scheme.
Key Numbers
112servers seized
241websites shut down
$300,000stolen funds seized so far
Who's Involved
Brooklyn District Attorney's Office
announced the disruption of a cryptocurrency scam network
Federal Bureau of Investigation (FBI)
worked with prosecutors to disrupt a cryptocurrency scam network
Eric Gonzalez
Brooklyn District Attorney who stated criminals stole millions
Alona Katz
Assistant District Attorney who led the investigation
↳ Why This Matters
The operation disrupts a significant cryptocurrency scam that defrauded victims of tens of millions of dollars, highlighting ongoing efforts to combat digital asset fraud.