Ukrainian authorities arrest 29-year-old cryptojacker
The National Police of Ukraine, with the support of Europol, apprehended a so-called “cryptojacker” for breaching cloud accounts and illicitly mining cryptocurrencies via one million virtual servers. The arrest signifies a notable escalation in the scope of crypto-jacking, a cyberattack method where hackers seize computer resources to mine cryptocurrencies illegally. Crypto-jacker apprehended In Ukraine, authorities apprehended a 29-year-old for unlawfully mining cryptocurrencies by compromising numerous cloud accounts. The arrest, executed on Jan. 9 in Mykolaiv, resulted from a collaboration between Europol and an undisclosed cloud service provider. Europol described the incident as a ‘sophisticated crypto jacking scheme’ in a press statement on Jan. 12. The suspect, believed to have mined over $2 million (€1.8 million) in cryptocurrencies, allegedly breached 1,500 accounts using automated tools, according to Ukrainian cyber police involved in the operati...