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Global Law Enforcement Dismantles SocksEscort Proxy Network After 15 Years of Cybercrime
Global Law Enforcement Dismantles SocksEscort Proxy Network After 15 Years of Cybercrime
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BTCCSquare news:
In a coordinated strike spanning eight nations, authorities have dismantled SocksEscort, a sprawling proxy network that facilitated cybercrime for nearly fifteen years. The operation, led by the US Department of Justice and Europol, seized 23 servers and 34 domains, disrupting a system that compromised 369,000 devices—from routers to IoT hardware—using AVRecon malware.
The network’s infrastructure provided cybercriminals with clean IP addresses to bypass fraud detection on cryptocurrency exchanges and financial institutions. Investigators estimate $5.8 million in illicit earnings flowed through SocksEscort, underscoring its role in enabling scams and attacks.
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