Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme

Bitbuy
Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
Coinbase

[ad_1]

News Bytes - Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking SchemeUnited States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such as ether, litecoin, and monero without authorization. Parks, who was arrested in Nebraska and faces up […]

[ad_2]

Source link

Bybit