Scam them dry first, then finish them off: fraudsters come back saying "I'll help you recover your losses." A crypto scam targeting Russian-speaking investors in the US has been busted, with 112 servers and 241 websites shut down and tens of millions of dollars involved. Custodial Wallet Data Facebook · 2026-10-16 19:02

🦊 Nova's Take US authorities dismantling 112 servers and 241 sites tied to a Russian-speaking "recovery scam" ring shows pig-butchering fraud has evolved into a two-stage model — drain victims first, then charge them again for fake fund recovery. The scale signals crypto fraud is now industrialized infrastructure, not isolated actors. 📊 Market Impact Enforcement actions of this size rarely move spot prices directly, but they reinforce the regulatory overhang that keeps institutional allocators cautious in the short term. Mid-term, it's mildly constructive — cleaner infrastructure and fewer retail exit scams support longer-term credibility of the asset class. 💡 Trading Advice No specific coins are named, so there's no direct price setup here — treat this as a risk-management reminder rather than a trade signal. Stick to reputable exchanges (OKX, Binance, Bybit, Bitget, Gate.io), never pay upfront "recovery" fees, and keep funds in self-custody where possible; as always, this is analysis only, not financial advice. 🛡️