Ukrainian Man Arrested for Alleged Cryptojacking Scheme

According to Cointelegraph, Ukrainian authorities have detained a 35-year-old man from the Poltava region, accusing him of hacking into an international hosting company's accounts to mine cryptocurrency illegally. The Ukrainian National Police's cyber division reported that the suspect had been exploiting vulnerabilities in the online security systems of various international firms since at least 2018. The police allege that the man gained unauthorized access to over 5,000 customer accounts of a hosting company that offers server rental services for websites and online platforms. Once inside, he reportedly deployed virtual machines and crypto miners, a practice known as cryptojacking, to mine cryptocurrency without the company's consent source: https://www.binance.com/en/square/post/25190514037817?utm_source=BinanceNewsRSS