{"id":624,"date":"2024-05-31T00:01:42","date_gmt":"2024-05-31T00:01:42","guid":{"rendered":"https:\/\/tradetrovex.com\/index.php\/2024\/05\/31\/worlds-largest-botnet-taken-down-as-alleged-chinese-mastermind-arrested-and-29m-in-cryptocurrency-seized\/"},"modified":"2024-05-31T00:01:42","modified_gmt":"2024-05-31T00:01:42","slug":"worlds-largest-botnet-taken-down-as-alleged-chinese-mastermind-arrested-and-29m-in-cryptocurrency-seized","status":"publish","type":"post","link":"https:\/\/tradetrovex.com\/index.php\/2024\/05\/31\/worlds-largest-botnet-taken-down-as-alleged-chinese-mastermind-arrested-and-29m-in-cryptocurrency-seized\/","title":{"rendered":"\u2018World\u2019s largest botnet\u2019 taken down as alleged Chinese mastermind arrested and $29m in cryptocurrency seized"},"content":{"rendered":"<div>\n<p>A Chinese national has been arrested for allegedly being the mastermind behind a huge botnet used to steal billions of dollars.<\/p>\n<p>The \u201c911 S5\u201d botnet was likely the world\u2019s largest \u2013 and infected computers in nearly 200 countries and facilitated a whole host of crimes including financial frauds, identity theft and child exploitation, said FBI director Christopher Wray.<\/p>\n<div class=\"sdc-site-outbrain sdc-site-outbrain--AR_6\">    <\/div>\n<p>Yunhe Wang allegedly made at least $99m (\u00a378m) \u2013 buying luxury cars and properties all over the world \u2013 by selling access to criminals who used it for scams.<\/p>\n<p>A botnet is a network of infected computers that hackers operate remotely to conduct mass cyber attacks and scams.<\/p>\n<p>The \u201czombie\u201d machines are at their mercy and can be used to gather personal data, monitor activity and install applications.<\/p>\n<div class=\"ad ad--teads\">        <\/div>\n<p>Wang, 35, was arrested in <strong>Singapore <\/strong>last week and $29m (\u00a322.8m) in cryptocurrency seized, said Brett Leatherman \u2013 the FBI\u2019s deputy assistant director for cyber operations.<\/p>\n<p>The botnet was used to to steal \u201cbillions of dollars from financial institutions, credit card issuers and accountholders, and federal lending programs since 2014\u201d, according to an indictment filed in Texas.<\/p>\n<p>The network allegedly included 613,000 infected machines in the US alone.<\/p>\n<p>US Attorney General Merrick Garland said criminals using it committed about $5.9bn (\u00a34.64bn) in fraud, including 560,000 bogus unemployment insurance claims.<\/p>\n<p>Wang used his millions to buy 21 properties in the UAE, the US, China, Singapore, Thailand and St. Kitts and Nevis \u2013 where he obtained citizenship, said prosecutors.<\/p>\n<p>Cars including a Rolls-Royce, two BMWs and a Ferrari \u2013 as well as luxury watches \u2013 are among assets that could be seized.<\/p>\n<p>If convicted, Wang faces up to 65 years in jail over charges including computer fraud and money laundering.<\/p>\n<p>Authorities from the US, Singapore, Thailand and Germany were involved in the operation to arrest him and disrupt the botnet, the FBI said.<\/p>\n<p>\u201cThe conduct alleged here reads like it\u2019s ripped from a screenplay,\u201d said Matthew S. Axelrod, from the US Bureau of Industry and Security.<\/p>\n<p>\u201cA scheme to sell access to millions of malware-infected computers worldwide, enabling criminals over the world to steal billions of dollars, transmit bomb threats, and exchange child exploitation materials \u2013 then using the scheme\u2019s nearly $100m in profits to buy luxury cars, watches, and real estate.\u201d<\/p>\n<\/p>\n<div>This post appeared first on sky.com<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Chinese national has been arrested for allegedly being the mastermind behind a huge botnet&hellip;<\/p>\n","protected":false},"author":0,"featured_media":625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news"],"_links":{"self":[{"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/posts\/624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/comments?post=624"}],"version-history":[{"count":0,"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/posts\/624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/media\/625"}],"wp:attachment":[{"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/media?parent=624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/categories?post=624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradetrovex.com\/index.php\/wp-json\/wp\/v2\/tags?post=624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}