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Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme

Moussa by Moussa
April 16, 2024
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Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
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News Bytes - Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking SchemeUnited 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 […]



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