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

Share This Post

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 […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

James Howells Lost $750 Million in Bitcoin—Here’s How He Plans to Get It Back

The post James Howells Lost $750 Million in Bitcoin—Here’s How He Plans to Get It Back appeared first on Coinpedia Fintech News How will you feel if you are denied permission to search for

When Will the Bitcoin Strategic Reserve Be Officially Approved?

The post When Will the Bitcoin Strategic Reserve Be Officially Approved appeared first on Coinpedia Fintech News The Bitcoin world is buzzing with potential changes, especially with former President

Best Cryptos for 2025: Why Pepeto’s Story and Value Are Unmatched

The post Best Cryptos for 2025: Why Pepeto’s Story and Value Are Unmatched appeared first on Coinpedia Fintech News As new tokens emerge, distinguishing between fleeting trends and promising

Top 5 Altcoins to Watch in 2025: Scaramucci’s Crypto Investment Strategy

The post Top 5 Altcoins to Watch in 2025: Scaramucci’s Crypto Investment Strategy appeared first on Coinpedia Fintech News In a recent video podcast with Altcoin Daily, Anthony Scaramucci, a

Bitcoin Accumulation Trend Score Turns Red: More Decline Coming?

On-chain data shows the Bitcoin Accumulation Trend Score has observed a decline recently, a sign that investor cohorts have taken to selling Bitcoin Accumulation Trend Score Is Currently Sitting At

Oklahoma Senator Introduces Bitcoin Freedom Act To Allow BTC Payments

Republican state senator Dusty Deevers recently introduced a bill allowing Oklahoma employees and residents to opt to receive salaries in Bitcoin and enable businesses to accept BTC payments Related