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Brooklyn Prosecutor Takes on Crypto Scam Networks
Assistant District Attorney Alona Katz of the Brooklyn District Attorney's Office has disrupted a crypto investment scam network with international ties, seizing or disrupting 241 scam domains and 112 servers. The investigation, carried out with the FBI’s New York field office, traced losses of $11.366 billion to victims, many of whom were Russian-speaking communities in Brooklyn. The VCU, launched in 2023, has disrupted more than 400 domains connected to fraud, with the October action accounting for a large share of that tally.