FBI Dismantles AI Phishing Service Linked to $1.9 Billion in Losses and 3.87 Million Stolen Cards

An AI phishing service sold access at eighty-eight dollars per instance. The service included instructional material. At that price point, the operational cost per stolen payment card was microscopically low and economically sound from the seller's perspective. The FBI dismantled the infrastructure. Approximately half the operators continued from different infrastructure.

This is a standard equilibrium problem. The service was affordable. The demand was real. The supply was efficient. Dismantling the specific operation does not alter any of these conditions. The people responsible understood they were operating in a replaceable layer.

The new infrastructure is probably operational already. The FBI is probably aware. Adequate expects this to cycle. The form for cycle documentation is ready.