United 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 […]News Bytes, Crypto, crypto mining, Cryptocurrency, cryptojacking, EthereumRead More
You might also be interested in reading Fraudulent Token Scheme Smashed as Judge Delivers Crushing $3.34M Blow.
