SINGAPORE (Reuters) – According to the US Department of Justice (DOJ), a Chinese national was arrested in an international operation on allegations of producing and utilizing malware for cyber attacks, large-scale fraud, and child abuse.
According to Singapore’s Straits Times newspaper, Wang Yunhe, 35, was arrested in the city-state on May 24.
According to a May 29 announcement from the Department of Justice, Wang and unnamed others reportedly “created and disseminated malware to compromise and amass a network of millions of residential Windows computers worldwide”.
According to the DOJ
Wang earned $99 million from the sales of hijacked proxied IP addresses in bitcoin or fiat cash between 2018 and July 2022.
“Wang used the illicitly gained proceeds to purchase real property in the United States, St. Kitts and Nevis, China, Singapore, Thailand, and the United Arab Emirates,” the statement from the Department of Justice stated.
According to the report, Wang’s assets and properties included sports automobiles, more than a dozen domestic and overseas bank accounts, over two dozen bitcoin wallets, luxury watches, and 21 homes spread across multiple continents.
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