September 23, 2020

Justice Department accuses miner of stealing $ 5 million computing power

Justice Department accuses miner of stealing $ 5 million computing power

US Attorney in Western District of Washington Charges Singapore Citizen Ho Jun Jia This Week for the theft of computing power for cryptocurrency mining.

According to the US Attorney’s Office, from OctoberFrom 2017 to February 2018, Ho conducted a “large-scale mining operation,” which he financed using stolen identity and credit card information. Thus, he leased cloud power from suppliers, impersonating another person.

It is also alleged that for the above periodHo managed to earn. It has been noted that less than $ 5 million has been one of the largest consumers of Amazon Web Services (AWS) in terms of data usage for a short period.

Ho was taken into custody by Singapore police on charges of the above crimes under Singapore law.