Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
![Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme](https://cryptohurdles.com/wp-content/uploads/2024/04/Nebraska-Man-Faces-50-Years-for-Multi-Million-Dollar-Cryptojacking-Scheme-1024x576.jpeg)
[ad_1]
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such as ether, litecoin, and monero without authorization. Parks, who was arrested in Nebraska and faces up […]
[ad_2]
Source link