Enlarge (credit: Getty Images) Federal prosecutors indicted a Nebraska man on charges he perpetrated a cryptojacking scheme that defrauded two cloud providers—one based in Seattle and the other in Redmond, Washington—out of $3.5 million. The indictment, filed in US District Court for the Eastern District of New York and unsealed on Monday, charges Charles O.

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    Two arrested for developing and distributing Hive RAT malware & a Nebraska man indicted for a massive $3.5 million cloud cryptojacking scheme.
    04/15/2024 - 8:33 pm | View Link
  • Alleged cryptojacking scheme consumed $3.5M of stolen computing to make just $1M
    Details laid out in the indictment underscore the failed economics involved in the mining of most cryptocurrencies. The $3.5 million of computing resources yielded roughly $1 million worth of ...
    04/15/2024 - 8:46 am | View Link
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