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

BNB Smart Chain Set to Activate Pasteur Hard Fork

chest

BNB Smart Chain is set to activate its Pasteur hard fork on August 25, introducing significant network changes.

user avatarKaterina Papadopoulou

TAC Halts Block Production Due to Supply Exploit

chest

TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit.

user avatarTomas Novak

The Need for Reliable Data in Real Estate Tokenization

chest

The need for reliable pricing data in real estate tokenization is crucial due to the unique challenges it faces compared to liquid crypto assets.

user avatarMaya Lundqvist

TON Foundation to Permanently Shut Down Legacy Bridge on September 1

chest

The TON Foundation has confirmed the permanent shutdown of its legacy bridge on September 1, requiring users to transition their wrapped TON and related assets back to native forms.

user avatarLeo van der Veen

PEPE and WLFI Show Volatility Amid Market Changes

chest

PEPE experiences a sharp recovery while WLFI sees steady activity following regulatory news.

user avatarLi Weicheng

Chainlink Expands Its Network with 12 New Integrations

chest

Chainlink has announced 12 new integrations across 10 blockchains, enhancing its crosschain data and infrastructure capabilities.

user avatarAisha Farooq

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.