An ISP accused of participating in the distribution of spam, spyware and child porn has been shut down.

"Assets belonging to the California-based ISP, named Pricewert LLC but which does business as 3FN, have been seized and will be sold," writes SC Magazine's Dan Kaplan. "In addition, the former business must pay the FTC $1.08 million in ill-gotten gains."

"The permanent shutdown order comes following a temporary restraining order issued last June those froze 3FN's assets and directed its upstream internet providers and data centers to stop providing services to 3FN," Kaplan writes.

Click here to read the SC Magazine article.