The Brooklyn District Attorney's Office stated that they have dismantled the online support system of a transnational cryptocurrency fraud network. This network defrauded tens of millions of dollars from Russian-speaking victims across the United States.

The prosecution stated that investigators collaborated with FBI to execute search warrants across three time zones within a few hours, seizing or interfering with 241 fraudulent domain names, as well as over 100 cloud servers hosted by companies in Eastern Europe and the United States. According to a statement released on Wednesday, these servers contained data of victims of fraudsters, website content, and the software used for operations.

Brooklyn District Attorney Eric Gonzalez ( Eric Gonzalez ) said, "Our pioneering cryptocurrency unit identified this fraud, tracked the stolen cryptocurrencies, further uncovered the infrastructure behind the operation, and collaborated with FBI to dismantle it."

He stated, "By interfering with over 100 servers and hundreds of fraudulent websites, we struck at the core of this criminal enterprise, making it more difficult for these scammers to continue to harm others. I commend our investigators and thank FBI for their cooperation in this extraordinary operation."

The prosecution claimed that this scam attracted victims through Russian-language investment advertisements on Facebook. Subsequently, a "consultant" who spoke Russian would make calls, guiding the victims to open accounts on fake cryptocurrency platforms and purchase digital assets.

Weeks or months later, when the victims attempt to withdraw their funds, they either are unable to log in or are required to pay false “fees” and “taxes.”

Some people lost their life savings. Subsequently, the scammers made a comeback under the guise of "recovering services": they contacted the victims a few weeks later, promising to help them retrieve their stolen funds.

The prosecution stated that the department had previously shut down 400 fraudulent domain names, but new ones continue to emerge. By targeting the servers behind these domain names, it is possible to cut off the scammers' ability to quickly set up new websites or contact past victims.

This three-year investigation has so far recovered approximately $300,000, and the prosecution stated that they are still working to recover more funds.