Europol and DOJ Shut Down ‘SocksEscort’ Proxy Ring, Freeze Crypto Assets

13-Mar-2026 Crypto Economy

Authorities from Europe and the United States worked together to dismantle a malicious proxy network linked to “SocksEscort,” a service that infected home and small business routers. Europol reported that the action, dubbed “Operation Lightning,” neutralized a botnet that compromised more than 369,000 devices across 163 countries. During the interventions, U.S. authorities managed to freeze $3.5 million in cryptocurrencies and seized the technical infrastructure used to facilitate fraudulent activities globally.

This bilateral action is a crucial step for the security of the crypto market, as the dismantled infrastructure facilitated serious cybercrimes, including ransomware attacks, DDoS, and the theft of crypto-asset exchange accounts. U.S. federal prosecutors cited massive losses, including a New York exchange customer defrauded of $1 million in digital assets. “SocksEscort” allowed criminals to hide their location, facilitating financial fraud and affecting business and military sectors.

In summary, the coordinated operation underlines the international commitment to fighting cybercrime enabled by digital technologies. The dismantling of the botnet network and the freezing of cryptocurrency funds represent a decisive step in protecting the integrity of global financial systems.


Source:https://x.com/Eurojust/status/2032109801056960677


Disclaimer: Crypto Economy Flash News is prepared based on official and public sources verified by our editorial team. Its purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

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