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Charles O. Parks III, a Nebraska man also known as "CP3O," has pleaded guilty to wire fraud in connection with a multimillion-dollar cryptojacking scheme. Parks defrauded two major cloud computing service providers of more than $3.5 million in resources, which he used to mine cryptocurrencies such as Ether, Litecoin, and Monero. The mined cryptocurrencies were valued at nearly $1 million. Parks created fake LLCs to gain unauthorized access to VIP-level cloud server resources. This case was announced by the Eastern District of New York in collaboration with the NYPD and the FBI.
Nebraska Man pleads guilty to dumb cryptojacking operation https://t.co/56ZIKEQsJb
WHEN CLOUD SERVERS GET RUGGED: CRYPTOPUNK TAKES A FALL Charles O. Parks III, aka "CP3O," just pled guilty to finessing $3.5M in cloud juice to mine Ether, Litecoin, and Monero. He set up fake LLCs, scored VIP server access, and stacked crypto worth nearly $1M - all while… https://t.co/vzjGUrFJM9
EDNY today Charles O. Parks III aka CP3O pled guilty to wire fraud for operating a “cryptojacking” operation. He defrauded two well-known providers of cloud computing services out of more than $3.5 million worth of resources to mine crypto worth nearly $1 million https://t.co/8Z7UERCjDK
