Hacks & Security
Neutral
Brooklyn DA and FBI seize 241 scam domains and 112 servers
Image: Bitcoin MagazineBrooklyn's Virtual Currency Unit and the FBI seized or disrupted 241 scam domains and 112 servers on October 14, 2026, the district attorney's office said. The action capped a three-year investigation into a crypto investment scam network targeting Russian-speaking victims. Investigators put losses in the tens of millions of dollars. Prosecutors have recovered about $300,000 so far.
Key points
- The action capped a three-year investigation into a crypto investment scam network aimed at Russian-speaking communities.
- The scam used ads pointing to fake crypto investment platforms, then locked victims out when they tried to withdraw.
- Prosecutors recovered about $300,000 against losses estimated in the tens of millions of dollars.
Why it matters
Disrupting the servers cuts off the scammers' ability to launch new sites quickly or reach past victims, the district attorney said. Recovery so far is about $300,000 against losses in the tens of millions.
What's unclear
No arrests have been reported, and the reports do not say whether any suspects have been charged.
Sources · 2 publishers
Crypto Briefing
Tier 2
Brooklyn prosecutor Alona Katz takes on crypto scam networks behind $11 billion in losses
Coverage timeline
- First reported by Bitcoin Magazine
- Also reported by Crypto Briefing
- CryptoVideos brief published
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