FBI Dismantles Global Crypto Scam Network, Seizes 112 Servers
Authorities shut down 241 websites and seize servers in a crackdown on a transnational crypto fraud operation.
Authorities shut down 241 websites and seize servers in a crackdown on a transnational crypto fraud operation. This is an original TLT brief based on reporting by CoinEdition, with live market data added, as of Thu, 15 Oct 2026 13:00:06 UTC.
This crackdown disrupts a sophisticated transnational fraud network that has stolen tens of millions from American investors, highlighting the growing threat of crypto-related cybercrime and the coordinated response from law enforcement agencies.
- FBI and Brooklyn prosecutors shut down 241 crypto scam websites
- 112 servers seized across US and Eastern Europe
- Operation followed three-year investigation into transnational fraud network
- Tens of millions of dollars stolen from US victims
In a significant crackdown on crypto-related cybercrime, the FBI and Brooklyn prosecutors have dismantled a network of 241 websites linked to cryptocurrency scams. The operation, which involved the seizure of 112 servers from hosting providers in the United States and Eastern Europe, followed a three-year investigation into a sophisticated transnational fraud network.
The coordinated action, which took place last week, is part of a broader effort to combat the rising threat of crypto-related scams that have targeted American investors. Authorities allege that the network was responsible for stealing tens of millions of dollars from victims across the United States.
The operation was corroborated by multiple outlets, with CoinEdition and Crypto.news both reporting the seizure of 112 servers and the shutdown of 241 websites. While both outlets agree on the core details of the operation, Crypto.news specifically highlighted the involvement of the Brooklyn District Attorney's Office in the announcement, adding a layer of local context to the international operation.
The investigation underscores the challenges posed by the borderless nature of cryptocurrency transactions and the need for coordinated international law enforcement efforts. The fraud network's operations spanned multiple countries, necessitating cooperation between US authorities and their counterparts in Eastern Europe.
In the broader market context, this development comes amid a period of market volatility, with the total crypto market cap currently at $2.78 trillion and 
Bitcoin experiencing a 24-hour decline of 3.17%. The Fear & Greed Index stands at 53, indicating a neutral market sentiment. The crackdown serves as a reminder of the regulatory and security challenges facing the crypto industry.
FBI Dismantles Global Crypto Scam Network, Seizes 112 Server — questions & answers
How much money was stolen in the crypto scam?
The operation targeted a fraud network that stole tens of millions of dollars from American victims.
What was the scale of the crackdown?
The FBI and Brooklyn prosecutors shut down 241 websites and seized 112 servers across the US and Eastern Europe.
How long did the investigation take?
The investigation into the transnational fraud network lasted three years.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CoinEdition. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.