Nebraska Man Pleads Guilty in $3.5 Million Cryptojacking Scheme, Highlighting Growing Cybercrime Concerns in Cryptocurrency Sector
A man from Nebraska, Charles O. Parks III, pleaded guilty to a large-scale cryptojacking operation after his arrest in April. He rented cloud computing from two major providers, amassing a bill of $3.5 million while mining around $970,000 worth of cryptocurrency without ever paying. Parks used various aliases and created multiple accounts to access powerful ...