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Brooklyn DA Recovers $300,000 From Crypto Scam Ring, No Arrests Made Yet

Brooklyn DA Recovers $300,000 From Crypto Scam Ring, No Arrests Made Yet

Photo: TheCoinrise

Prosecutors and the FBI dismantled 112 servers tied to a fraud operation targeting Russian-speaking victims. The Brooklyn District Attorney's office has recovered about $300,000 connected to a cryptocurrency scam network, according to officials. The recovery came through a joint operation with the FBI. No arrests have been announced in connection with the case. Investigators shut down 112 servers that powered the scheme, according to reporting from Decrypt. The scam specifically targeted Russian-speaking victims, a detail confirmed across multiple reports of the case. The scale of the server infrastructure suggests a coordinated operation rather than a single bad actor working alone.

Source: TheCoinrise

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