Alleged cryptojacker accused of stealing $3.5M from cloud to mine under $1M in crypto
ID: cd98394f-bd68-5910-a379-eefe08934545
STIX ID: report--cd98394f-bd68-5910-a379-eefe08934545
Feed Name: The Register (Security)
Threat Score
A Nebraska man, Charles O. Parks III, is charged with running a long-running cryptojacking fraud that allegedly defrauded two major cloud providers of resources worth $3.5M+ while mining and laundering nearly $1M in cryptocurrency; he purportedly used multiple fake accounts, VPNs, high-powered cloud instances, and rapid account recreation to evade detection and converted mined coins to fiat through wallets, exchanges, and NFT marketplaces before his arrest.
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