US EditionHacker arrested for breaching 5,000 hosting accounts to mine crypto
- Authorities in Ukraine have apprehended a 35-year-old cybercriminal who gained unauthorized access to thousands of accounts at a global hosting service and exploited them to mine cryptocurrency in 2025.
- The hacker exploited vulnerabilities in cloud infrastructure using open-source intelligence and had been active since 2018 while frequently changing locations to evade capture.
- During the investigation, authorities confiscated various electronic devices, payment cards, and digital evidence connecting the suspect to stolen login details, cryptocurrency accounts, and software used for illicit mining operations.
- Officials estimate the damages at $4.5 million, and the hacker is facing prosecution according to the fifth section of Article 361 of the Ukrainian Criminal Code, which carries a potential sentence of up to 15 years in prison along with additional activity restrictions.
- The arrest highlights rising cryptojacking threats amid a 60 percent increase in undetected attacks in 2024 and emphasizes the need for stronger cybersecurity in cloud services.
17 Articles
17 Articles
Hacker arrested after exploiting 5,000 accounts in $4.5 million cryptojacking scheme
Authorities traced the breach to a 35-year-old who systematically exploited the company's security vulnerabilities. Using data gathered from public sources since 2018, the hacker compromised over 5,000 customer accounts. Once inside, he deployed virtual machines to mine cryptocurrency, diverting substantial computing power and causing an estimated $4.5 million in losses.Read Entire Article
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Zaporizhzhia Cyber Police Arrest Crypto Hacker
For years, he stayed under the radar. No ransomware, no flashy data leaks, no digital fingerprints loud enough to cause alarm. Just a quiet tapping of server power, thousands of machines working overtime, all without their owners knowing. Now, that silence has been broken. Cyber police in Ukraine’s Zaporizhzhia region say they have exposed a 35-year-old man from Poltava behind a cryptocurrency mining scheme that compromised over 5,000 customer a…
Ukraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining – Crypto News Bitcoin News
Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over […]
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