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News · Crypto · Cointelegraph · Wed, Oct 14, 2026 7:00 PM

US crackdown seizes 112 servers, shuts down 241 crypto scam sites

Image from the source feed · Cointelegraph

US authorities shut down 241 crypto scam sites and seized 112 servers targeting Russian-speaking Americans.

Brooklyn prosecutors and the FBI dismantled a network that had been running investment scams targeting Russian‑speaking Americans.

Crypto Scam Network Dismantled

The operation seized 112 servers and shut down 241 websites that were used to promote fraudulent crypto investment schemes.

The crackdown underscores the U.S. authorities’ focus on combating crypto‑related fraud and protecting vulnerable investors.

Based on reporting from Cointelegraph. Read the original.

OpenBook analysis

Market impact

The seizure of a large-scale crypto scam operation may reinforce regulatory scrutiny of crypto investment platforms, prompting investors to be more cautious. Traders may monitor enforcement actions for signals on the broader regulatory environment.

General market context for education only, not investment advice.

This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections