This hacker used over a million virtual servers to create an incredibly powerful network – but then wasted it on mining crypto

He’s made around $2 million that way

Ukrainian police have arrested a hacker who allegedly used compromised servers belonging to an American company to secretly mine cryptocurrencies

The Ukrainian cyberpolice revealed the individual was able to create a million virtual servers on which he proceeded to install cryptojackers – cryptocurrency miners that try to operate in the background and without the knowledge or consent of the endpoint’s owners.

The individual, an unnamed 29-year-old man, had been allegedly active since 2021. He first brute-forced his way into 1,500 accounts of a subsidiary of “one of the world’s largest ecommerce companies” – although the name of the affected company was not disclosed.

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Curated by Arun