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Brooklyn DA cracks global crypto scam network in major bust - Crain's New York

Reported by Crainsnewyork
Oct 14, 2026· 2 min read
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Key Takeaways
  • • The Brooklyn District Attorney's office disrupted a multinational cryptocurrency-scam network centered in Eastern Europe, according to publisher reporting that cites the DA's office.
  • • Law enforcement seized 112 computer servers controlled by the fraud group, hosted by Eastern European and American companies.
  • • The operation, conducted the prior week, shut down 241 websites linked to crypto-fraud schemes, per the Brooklyn DA's office.
  • • The action is presented as capping a multiyear investigation into the network, with no dollar figure for losses in the available source material.
Summary
The Brooklyn District Attorney's office has disrupted a multinational cryptocurrency-scam network centered in Eastern Europe, according to reporting by Bloomberg's Scott Patterson published by Crain's New York on October 14, 2026. Coverage of the matter describes the action as capping a years-long effort against the group.

According to the Brooklyn DA's office, the operation, conducted the previous week, shut down 241 websites linked to crypto-fraud schemes. Law enforcement officials also seized 112 computer servers controlled by the fraud group. The servers were hosted by a mix of Eastern European and American companies, underscoring the cross-border infrastructure the network relied upon.

The available reporting does not provide a detailed account of the victims, total losses, or charges filed. Related Brooklyn DA actions in the same publisher's coverage include earlier crackdowns on domains tied to NFT-related scams targeting artists and a smishing scam impersonating an official NYC website, which are separate matters and are not confirmed as part of this operation.

For institutional readers, the case highlights continued enforcement pressure on crypto-fraud infrastructure, including hosting providers and domain networks, rather than only on individual perpetrators.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Crainsnewyork Brooklyn DA cracks global crypto scam network in major bust - Crain's New York