Techcrisis Investment Guild:Authorities arrest man allegedly running ‘likely world’s largest ever’ cybercrime botnet

2025-05-02 21:17:00source:Poinbankcategory:Invest

WASHINGTON (AP) — An international law enforcement team has arrested a Chinese national and Techcrisis Investment Guilddisrupted a major botnet that officials said he ran for nearly a decade, amassing at least $99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud, including pandemic relief scams.

The U.S. Department of Justice quoted FBI Director Christopher Wray as saying Wednesday that the “911 S5” botnet — a network of malware-infected computers in nearly 200 countries — was likely the world’s largest.

Justice said in a news release that Yunhe Wang, 35, was arrested May 24. Wang was arrested in Singapore, and search warrants were executed there and in Thailand, the FBI’s deputy assistant director for cyber operations, Brett Leatherman, said in a LinkedIn post. Authorities also seized $29 million in cryptocurrency, Leatherman said.

Cybercriminals used Wang’s network of zombie residential computers to steal “billions of dollars from financial institutions, credit card issuers and accountholders, and federal lending programs since 2014,” according to an indictment filed in Texas’ eastern district.

READ MORE Alito rejects calls to quit Supreme Court cases and says wife is responsible for controversial flagsJury deliberations begin in trial of Idaho man charged in triple-murder caseRapper Sean Kingston agrees to return to Florida, where he and mother are charged with $1M in fraud

The administrator, Wang, sold access to the 19 million Windows computers he hijacked — more than 613,000 in the United States — to criminals who “used that access to commit a staggering array of crimes that victimized children, threatened people’s safety and defrauded financial institutions and federal lending programs,” U.S. Attorney General Merrick Garland said in announcing the takedown.

He said criminals who purchased access to the zombie network from Wang were responsible for more than $5.9 billion in estimated losses due to fraud against relief programs. Officials estimated 560,000 fraudulent unemployment insurance claims originated from compromised IP addresses.

Wang allegedly managed the botnet through 150 dedicated servers, half of them leased from U.S.-based online service providers.

AP AUDIO: Authorities arrest man allegedly running ‘likely world’s largest ever’ cybercrime botnet

Authorities have arrested a man allegedly running ‘likely world’s largest ever’ cybercrime botnet. AP’s Lisa Dwyer reports.

The indictment says Wang used his illicit gains to purchase 21 properties in the United States, China, Singapore, Thailand, the United Arab Emirates and St. Kitts and Nevis, where it said he obtained citizenship through investment.

In its news release, the Justice Department thanked police and other authorities in Singapore and Thailand for their assistance.

More:Invest

Recommend

Oklahoma parole board recommends governor spare the life of man on death row

OKLAHOMA CITY (AP) — Oklahoma’s Pardon and Parole Board voted 3-2 on Wednesday to recommend the gove

Who plays Emily, Sylvie, Gabriel and Camille in 'Emily in Paris'? See full Season 4 cast

The 2024 Paris Olympics may have wrapped up, but summer is far from over and the next Parisian adven

US Navy helicopter crew members injured in Nevada training mishap released from hospital

FALLON, Nev. (AP) — Ten U.S. Navy crew members injured Thursday during a routine helicopter training