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.