FBI Busts Chinese National for $6B COVID Relief Botnet Scheme

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Source: Yahoo Finance
FBI Busts Chinese National for $6B COVID Relief Botnet Scheme
Photo: Yahoo Finance
TL;DR Summary

The FBI has dismantled a massive botnet of 19 million infected computers spread across 190 countries, used for various cybercrimes including financial fraud and identity theft. The operation led to the arrest of the alleged administrator, YunHe Wang, in Singapore, and the seizure of luxury goods, cryptocurrency, and real estate. The botnet, active since 2014, generated millions by leasing access to compromised IP addresses.

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