Europol and US seize website domains, luxury goods in $6bn cybercrime bust
by Blake Montgomery and agencies from Technology | The Guardian on (#6N5WE)
World's largest botnet' - spread through infected emails - taken down through coordinated police action among several countries
US authorities announced on Thursday that they had dismantled the world's largest botnet ever", allegedly responsible for nearly $6bn in Covid insurance fraud.
The Department of Justice arrested a Chinese national, YunHe Wang, 35, and seized luxury watches, more than 20 properties and a Ferrari. The networks allegedly operated by Wang and others, dubbed 911 S5", spread ransomware via infected emails from 2014 to 2022. Wang allegedly accrued a fortune of $99m by licensing his malware to other criminals. The network allegedly pulled in $5.9bn in fraudulent unemployment claims from Covid relief programs.
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