Ukrainian police arrested a person and accused him of hacking the accounts of an international hosting company and using its servers in the crypto mine in a apparent case of cryptojacking.
Cyber police officers from Ukraine national police Says In a June 4 statement that a 35-year-old man from the Poltava region is said to be striving for online security weaknesses of various international companies and gains access to their servers from at least in 2018.
“In particular, the defendant illegally gained access to more than 5,000 customer accounts by an international hosting company that provides server hiring services for operation of various websites and online platforms,” police said.
After obtaining access to accounts, the man is said to be unauthorized Virtual machines and crypto miners using company servers, commonly referred to as Cryptojacking.
Ukrainian police claimed that human sip of resources without paying caused the company’s suffering estimated to be estimated to be more than 185 million Ukrainian hryvnias ($ 4.4 million).
Police have also accused the man who has recently changed his residential area within the regions of Poltava, Odesa, Zaporizhia and Dnipropetrovsk to prevent discovery.
Police remove crypto wallets and software
In a search of the accused of cryptojackers, police said they recovered computer equipment, mobile phones, bank cards and other physical evidence, showing that he was active in hacker forums.
The seized equipment is also said to contain the permission of email accounts used for hacking, crypto wallets, software for configuration, Launching and Managing Crypto mining Operations and other software for collecting information and control of equipment remotely.
The accused faces charges of unauthorized interference with the operation of electronic communication networks in information.
Related: Crypto Crooks target $ 244M in May, hack losses are 40% – Peckshield
If convicted, the charges can bring up to 15 years in prison and a prohibition on handling certain positions, such as those in IT and communication, or participating in certain activities where a person can access communication or network systems for up to three years.
A pre-trial investigation is still ongoing, and additional charges may be level in the future, according to Ukraine’s national police.
In a similar case, last April a Man in the US is charged with wire fraud and money laundering After the alleged suffering of two cloud computing providers to run a large size illegal cryptojacking operation at the mine of $ 970,000 in crypto.
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