• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
A citizen of Ukraine attacked the servers of an American mining company, causing a loss of about $ 2 million

A citizen of Ukraine attacked the servers of an American mining company, causing a loss of about $ 2 million

user avatar

by Max Nevskyi

2 years ago


Ukrainian law enforcement authorities have detained a 29-year-old resident of Nikolaev on charges of hacking servers of an American company for cryptocurrency mining purposes. This was reported by the National Police of Ukraine.

The official name of the organization is not disclosed. According to the official statement, the suspect used the company's servers for mining for two years, from 2021 to 2023.

Initially, he hacked 1500 accounts of one of the company's subsidiaries, as noted in the police report. Using these accounts, he gained access to the cloud service.

The hacker created approximately one million virtual computers and covertly mined cryptocurrency. Over two years, he managed to withdraw around $2 million in various crypto assets to his accounts.

During the search at the time of the suspect's detention, law enforcement officers seized mobile devices, computer equipment, bank cards, and data storage devices. Assistance in blocking the hacker's accounts was provided by Europol, as indicated in the press release.

In May 2023, the National Anti-Corruption Bureau of Ukraine (NABU) announced that their personnel were undergoing training to work with cryptocurrency.

Crystal Blockchain, a partner of this initiative, also announced plans to launch another project aimed at training a large number of law enforcement officers in Ukraine.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Conflicting Signals in Bitcoin Market: No Real Rally in Sight

chest

Recent analysis by data analyst CW indicates that key on-chain signals for Bitcoin show no genuine rally has begun, despite short-lived increases driven by speculation.

user avatarLeo van der Veen

XRP Price Approaches Potential Bottom Amid Major Capitulation Event

chest

XRP has recorded its largest realized loss spike since 2022, indicating a potential price bottom and recovery.

user avatarLi Weicheng

Bitcoin Miner Sells 1,300 BTC After 15 Years of Holding

chest

A notable Bitcoin miner sold 1,300 BTC, valued at approximately 750 million, after holding for 15 years, potentially signaling a profit-taking move.

user avatarAisha Farooq

Corporate Treasuries Mark First-Ever Selling Streak in Bitcoin

chest

Corporate treasuries have recorded their first-ever selling streak in Bitcoin, with three consecutive weeks of sales, indicating a shift to bearish market conditions.

user avatarTenzin Dorje

Michael Saylor's Firm Approaches Major Bitcoin Milestone

chest

Michael Saylor's firm is nearing its 100th Bitcoin purchase, continuing a strategy that has been in place since 2020.

user avatarBayarjavkhlan Ganbaatar

Ethereum Set for Major Transformation with New Upgrade

chest

Ethereum's founder, Vitalik Buterin, has announced a new upgrade called Cypherpunk Ethereum, aimed at enhancing privacy and decentralization, with potential long-term growth for the network.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.