Charged

Cryptojacker Charged with Defrauding Two Cloud Providers of $3.5M

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. Cryptojacker Charged in $3.5 Million […]

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Man Charged in ‘Cryptojacking’ Scheme for Stealing Cloud Computing to Mine $1M in Crypto

Man Charged in ‘Cryptojacking’ Scheme for Stealing Cloud Computing to Mine $1M in Crypto

Last updated: April 16, 2024 03:37 EDT | 2 min read US prosecutors have charged a man with wire fraud and money laundering in connection with a large-scale illegal ‘cryptojacking’ operation.  Charles O. Parks III, also known as “CP3O,” allegedly defrauded two cloud computing providers, resulting in losses of $3.5 million, while using their resources

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