US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community.
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community through deceptive Facebook ads featuring a deepfake of Elon Musk.
Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. Victims were lured by ads into making bogus investments and guided by Russian-speaking "investment advisors" to transfer funds to fraudulent websites.
The sites are believed to have originated from Russia, making recovery of stolen funds difficult. The DA’s Office disrupted the scam by taking control of the fake websites.
