Brooklyn DA Pulls the Plug on Crypto Scam Network

Bitcoin Magazine Brooklyn DA Pulls the Plug on Crypto Scam Network The Brooklyn District Attorney’s office has dismantled the online backbone of a multinational cryptocurrency scam that drained tens of millions of dollars from Russian-speaking victims across the U.S. Working with the FBI, investigators executed search warrants across three time zones in a matter of hours and seized or disrupted 241 scam domains and more than 100 cloud servers hosted by Eastern European and American companies. The servers held the scammers’ victim data, site content and operating software, according to a Wednesday statement. “Our groundbreaking Virtual Currency Unit identified the fraud, tracked the stolen cryptocurrency, broke new ground by uncovering the infrastructure behind the operation, and worked with the FBI to dismantle it,” Brooklyn District Attorney Eric Gonzalez said.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.