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

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United States prosecutors have charged Charles O. Parks III with wire fraud and cash laundering after he allegedly ran a “large-scale unlawful ‘cryptojacking’ operation,” defrauding two cloud computing suppliers out of $3.5 million to mine $970,000 in cryptocurrencies reminiscent of ether, litecoin, and monero with out authorization. Parks, who was arrested in Nebraska and faces up […]

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