Hacking News
Brooklyn Prosecutors and FBI Seize Crypto Fraud Network
Brooklyn prosecutors and the FBI have disrupted 241 websites and 112 servers linked to a crypto investment scam that allegedly stole tens of millions of dollars from Russian-speaking victims. The fraud network used Russian-language Facebook ads and fake advisers to trick victims into sending cryptocurrency to fraudulent trading platforms. Victims were then contacted with false promises to recover their funds, leading to further losses. The investigation targeted servers hosted by Eastern European and U.S. companies to prevent the operators from quickly launching new sites.