• 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

Cardano Enhances Connectivity with Major Blockchain Networks

chest

Cardano is making significant strides in improving its interoperability with other major blockchain networks, enhancing user experience and opportunities.

user avatarMaria Fernandez

Ethereum Developer Recovers 1,000 ETH from 2016 ICO

chest

An Ethereum developer known as 0xFlorent has successfully recovered over 1,000 ETH from a failed 2016 crypto project, allowing 48 original investors to claim their previously inaccessible funds.

user avatarGustavo Mendoza

Ripple's Payment Documentation Sparks Interest Among XRP Supporters

chest

A directory in Ripple's Payments documentation has revealed over 500 financial institution identifiers, renewing interest in XRP's potential role in global payments.

user avatarRajesh Kumar

XRP Ledger's Resilience Under Attack Conditions Stressed by Analysts

chest

Analysts emphasize the XRP Ledger's ability to withstand extreme conditions and attacks, making it a reliable choice for financial infrastructure.

user avatarMiguel Rodriguez

XRP Ledger Introduces Proposal to Combat Flash Loan Attacks

chest

The XRP Ledger has introduced a new proposal aimed at mitigating the risks associated with flash loan attacks, enhancing the security of the network as DeFi applications grow.

user avatarLuis Flores

Massive Off-Exchange Sale of BlackRock's Bitcoin ETF

chest

A significant block trade involving BlackRock's IBIT ETF indicates a large holder's urgent exit from a concentrated Bitcoin position.

user avatarArif Mukhtar

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.