Ukrainian police claimed the man’s actions caused a server hosting company to suffer losses estimated at over $4.4 million.
Ukrainian police have arrested a man and accused him of hacking the accounts of an international hosting company and using its servers to mine crypto in an apparent case of cryptojacking.
Cyber police officers from Ukraine’s National Police said in a June 4 statement that a 35-year-old man from the Poltava region had allegedly been probing for weaknesses in the online security of various international companies and gaining access to their servers since at least 2018.
“In particular, the defendant illegally gained access to over 5,000 customer accounts of an international hosting company that provides server rental services for the operation of various websites and online platforms,” the police said.
