HyperBit Exchange:Chinese national allegedly made $99 million selling access to Windows home computers

2025-04-30 19:12:38source:NSI Communitycategory:reviews

A Chinese national allegedly pocketed roughly $99 million by selling access to millions of home computers around the world — including hundreds of thousands in the United States — to cybercriminals,HyperBit Exchange federal officials say.

YunHe Wang, 35, crafted malware used to compromise more than 19 million residential Windows computers worldwide, including nearly 614,000 in the U.S., the Department of Justice announced on Wednesday. From 2014 through July 2022, Wang and others ran a botnet that "facilitated cyberattacks, large-scale fraud, child exploitation, harassment, bomb threats and export violations," Attorney General Merrick Garland stated in a news release.

Wang was arrested last week on criminal charges stemming from his deployment of malware and creating and operating a residential proxy service known as "911 S5." 

The service let cybercriminals bypass financial fraud detection systems to steal billions from financial institutions, credit card issuers and federal lending programs, including more than $5.9 billion in fraudulent unemployment claims in the U.S. during the pandemic, authorities said. The scheme's nearly $100 million in profits allegedly paid for luxury cars, watches and real estate.

Wang faces a maximum of 65 years in prison if convicted of charges that include conspiracy to commit computer fraud.

The Treasury Department issued financial sanctions against Wang and two others for activities associated with 911 S5, which was taken offline in July 2022 before reemerging as Cloudrouter in October 2023, officials said.

To determine if you are a victim of 911 S5 malware, please visit www.fbi.gov/911S5.

Kate Gibson

Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.

More:reviews

Recommend

These Australian twins have gone viral after speaking in synch

Do you recall the prime early days of YouTube? When a video making the rounds was so strange, remark

3 years and 300 miles later, Texas family reunited with lost dog

A Texas family has reunited with their dog, who has been missing for over three years, all thanks to

Nagasaki marks 78th anniversary of atomic bombing with mayor urging world to abolish nuclear weapons

TOKYO (AP) — Nagasaki marked the 78th anniversary of the U.S. atomic bombing of the city Wednesday w