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

3 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Coinbase Refocuses Base App Strategy After Initial Setbacks

chest

Coinbase shifts its strategy for the Base App, moving away from social features to focus on trading and AI tools.

user avatarJacob Williams

Coinbase Launches Leveraged Crypto Derivatives on Base App

chest

Coinbase launches leveraged crypto derivatives on the Base App, allowing users to trade perpetual futures with up to 50x leverage.

user avatarZainab Kamara

Palantir Technologies Reports Stellar Earnings and Revenue Growth

chest

Palantir Technologies has reported a 93% year-over-year revenue surge and a 225% increase in earnings, positioning itself as a leading AI solution.

user avatarSon Min-ho

US Tech Stocks Experience Significant Gains Driven by AI Boom

chest

The US tech stock market has seen substantial gains over the last year, driven by advancements in AI technology.

user avatarAyman Ben Youssef

Traders Predict Early Release of OpenAI's GPT-6 Model

chest

Prediction market traders are optimistic about the early release of OpenAI's GPT-6 model, estimating a 59% chance of launch by September 15.

user avatarTando Nkube

Visa Seeks New Crypto Stablecoin Partner for Global Settlements

chest

Visa is seeking a new crypto stablecoin partner to enhance its global settlement capabilities after the acquisition of its previous partner, BVNK, by Mastercard.

user avatarKofi Adjeman

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.