Operation Fastlink is the culmination of four separate undercover investigations simultaneously being conducted by the FBI, coordinated by the FBI Cyber Division, and the U.S. Department of Justice, coordinated by the Computer Crimes and Intellectual Property Section (CCIPS) of the Criminal Division. As a result of Fastlink, over 120 total searches have been executed in the past 24 hours in 27 states and in 10 foreign countries. Foreign searches were conducted in Belgium, Denmark, France, Germany, Hungary, Israel, the Netherlands, Singapore, Sweden as well as Great Britain and Northern Ireland. Operation Fastlink is the largest multi-national law enforcement effort ever directed at online piracy. Nearly 100 individuals worldwide have been identified by the investigation to date, many of whom are the leaders or high-level members of various international piracy organizations. As the investigations continue, additional targets will be identified and pursued.

Operation Fastlink also resulted in the seizure of more than 200 computers, including 30 computer servers that functioned as storage and distribution hubs. These servers collectively contain hundreds of thousands of copies of pirated works. One of the storage and distribution servers seized in the United States reportedly contained 65,000 separate pirated titles. Other servers seized, so-called "elite" sites, contain the most highly coveted and valuable "new releases," many of which were distributed to the warez scene before they are commercially available to the general public. Although access to these elite servers is limited, authorized users frequently provide the first copies of new releases that are traded and distributed online throughout the world within hours of their initial illegal release. Conservative estimates of the value of the pirated works seized easily exceed $50 million. Conservative projections of the losses to industry attributable to these distribution hubs are in the hundreds of millions of dollars.