Nebraska Man pleads guilty to $3.5 million cryptojacking scheme

December 5, 2024 at 10:42PM A Nebraska man pleaded guilty to running a significant cryptojacking operation, which involves illicitly using computer resources for cryptocurrency mining. His arrest and charges occurred in April, culminating in this recent plea. **Meeting Takeaways:** 1. A Nebraska man has pleaded guilty. 2. The case involves a large-scale cryptojacking operation. 3. … Read more

Nebraska Man pleads guilty to dumb cryptojacking operation

December 5, 2024 at 07:09PM Charles O. Parks III pleaded guilty to running a large-scale cryptojacking operation that defrauded cloud service providers out of $3.5 million to mine nearly $970,000 in cryptocurrency. He used various aliases, abused services, laundered profits, and faces up to 20 years in prison upon sentencing. **Meeting Takeaways: Charles O. Parks … Read more