top of page

Cryptojacker Charged with Defrauding Two Cloud Providers of $3.5M

United States prosecutors have filed charges against a Nebraska man accused of a cryptojacking scheme that allegedly defrauded two cloud providers – one headquartered in Seattle and the other in Redmond, Washington – of $3.5 million. Prosecutors allege that the cryptojacking scheme yielded cryptocurrency mining valued at almost $1 million. Prosecutors claim that Parks used the ill-gotten gains for extravagant purchases, including a luxury Mercedes Benz, jewelry, and first-class hotel and travel expenses. Brooklyn U.S. Attorney Breon Peace said in a statement that the office is committed to prosecuting criminal actors who use sophisticated technology for fraudulent activities.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page