FBI Dismantles World's Largest Botnet

The FBI has dismantled the world's largest botnet, involving 19 million infected computers leased to hackers for cybercrimes. The botnet enabled financial fraud, identity theft, and access to child exploitation materials worldwide, leading to billions of dollars in victim losses. The alleged administrator, YunHe Wang, a Chinese citizen, was arrested in Singapore and faces charges related to deploying malware and operating a residential proxy service.

Chinese National Arrested for Running Botnet and Cyber Crimes

A Chinese national was arrested for running a botnet that generated $99 million in profits through criminal activities, including identity theft, child exploitation, and financial fraud. Authorities seized $29 million in cryptocurrency and Wang used the illicit gains to purchase properties in several countries.